The fall of Bitcoin shows why people should be cautious before investing

In this photo illustration, a visual representation of the digital cryptocurrency, Bitcoin is on display in front of the Bitcoin price chart on February 9, 2021 in Paris, France.

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Bitcoin’s rollercoaster ride continued, showing a warning sign for curious investors who might be interested in putting money into the highly speculative cryptocurrency.

The digital asset rose to a new all-time high, approaching $ 58,000 per coin on Sunday, according to the data from Coin metrics. But on Monday, the rally reversed after a series of criticisms from high profile players.

First, Tesla CEO Elon Musk tweeted over the weekend that the price of bitcoin seemed as high as the currency …

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