RATE Group | Good time to buy Bitcoin cheap
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Good time to buy Bitcoin cheap

Good time to buy Bitcoin cheap

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  • Former CIA agent Edward Snowden considers the fall of Bitcoin suspicious and is considering buying BTC.
  • Snowden joins other industry personalities who recommend taking advantage of the drop in Bitcoin’s price. 

The global financial market is still recovering from one of the biggest price drops in several years. Two days ago, Bitcoin suffered its biggest one-day loss since 2013. In less than an hour, the number one cryptocurrency by market capitalization fell below the $4,000 mark, but rebounded to stabilize above $5,000. The drop is attributed to uncertainty over the spread of the Coronavirus.

During the flash drop in prices, former CIA agent Edward Snowden published a tweet that has gained a lot of attention. Snowden stated:

This is the first time in a while I’ve felt like buying bitcoin. That drop was too much panic and too little reason.

The tweet triggered a debate among members of the crypto community. Some made buying recommendations to Snowden, while others like Ayre Group…

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