CoinWorld News reports that on February 25, according to a previous tweet by "End of Day Report" author Citrini Research, the organization has been shorting Bitcoin since November 17 of last year and going long on Nasdaq. On February 1, Citrini Research's account posted that "regretfully, they closed their position too early." Additionally, during last Christmas, Citrini Research predicted that Bitcoin's price would drop to $69,000 in the first half of this year. Previously, the research organization Citrini Research released a report introducing the concept of a "Global Intelligence Crisis," warning that AI could trigger a "bottom-up competition" for knowledge-based jobs, disrupting the industry and credit chains built around white-collar productivity. This report caused a sharp decline in the US stock market on Monday.

BTC3,61%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)