MSM Admits ‘Bitcoin Is Mounting A Comeback’

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Last Updated on 10 February 2022 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]
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Bitcoin is mounting a comeback according to CNN. Yes, you’ve heard it right, one of the giants of the worldwide media landscape is starting to admit that all this hype and screaming headlines you heard a few weeks ago about crypto crash might just have been a bit overblown.

An overview.

Advertentie.

CNN still of it’s high

CNN has of course lost viewership now that Joe Biden is President of the US instead of Donald Trump. Given that the former makes for less spectacular headlines, any so-called ‘crypto crash’ makes for a screaming title, we’ll forgive them for have fallen into the trap. By now, CNN has turned round and admitted that

Crypto fans rejoice: Bitcoin is mounting a comeback.

It did build in a safety though, stating:

The coin is down more than 34% from its all-time high — on November 10 — of $68,789.63.

The India Times knows that a lot of its masculine readership is interested in cryptocoins and thus one of the largest Asian newspapers titled Bitcoin Bounces Back To Hit Two Week-High just two days ago.

Just like CNN though, the Times builds in a safety, stating:

With many cryptocurrencies witnessing a strong comeback in recent days, it’s been no less than a joyful sight for crypto investors. But it remains to be seen whether the cryptocurrencies are able to hold the fort and march on with more gains, or not.

Forbes Bitcoin Crash of 2022

Lastly, when we noted on 26 January that Forbes’ article ‘the Bitcoin crash of 2022’ could come back to slap them in the face, we were not kidding. Two weeks later, on 7 February, Forbes noted: What’s Next For Bitcoin Prices After They Reached Their Highest In A Month?

Then again, Forbes also employed the ‘journalist’ who was arrested to stealing some $5 billion worth of Bitcoin and then writing articles about ‘cybersecurity’ for them. Oh the irony.