CNBC trying to TANK the price of Cryptocurrency! [Bitcoin, Ethereum, Cardano, & Dogecoin]
In this video, we’re looking at how CNBC is trying to tank the price of cryptocurrency. We’ll be taking a look at Bitcoin, Ethereum, Cardano and Dogecoin.
Cryptocurrency is a digital asset designed for use as a medium of exchange, and it is decentralized, which means it is not controlled by any government or bank. Despite the potential for cryptocurrency to revolutionize the financial system, it has faced a lot of opposition from traditional financial institutions.
One of the most vocal critics of cryptocurrency has been the financial news network CNBC. The network has been actively trying to tank the price of cryptocurrency by airing segments that cast doubt on its legitimacy and potential.
For example, CNBC has aired segments that have focused on the lack of regulation and its volatility. They have also aired segments that have compared cryptocurrency to a Ponzi scheme.
CNBC’s attempt to tank the price of cryptocurrency has been met with a lot of criticism from cryptocurrency supporters, who feel that the network has gone too far in trying to discredit the technology.
Despite the criticism, CNBC continues to air segments that are critical of cryptocurrency. It remains to be seen if their attempts to tank the price of cryptocurrency will be successful.