Cryptocurrency analyst Willy Woo countered former White House official David Stockman‘s critique of Bitcoin's (CRYPTO: BTC) “store of value” narrative on Tuesday, noting that top Wall Street stocks endured similar volatility in the past. Stockman Mocks Bitcoiners In an X post, Stockman questioned Bitcoin's recent performance, highlighting its 48% drop from record highs to $65,000 in just four months.
Bitcoin Critic David Stockman Gets Reality Check After Popular Analyst Likens BTC Slump To Drawdowns In 'Trillion Dollar Stocks' Like Nvidia, Amazon
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Cryptocurrency analyst Willy Woo likens Bitcoin (BTC) 48% slump to past drawdowns in trillion‑dollar stocks including Nvidia and Amazon, countering former White House official David Stockman's X post on Tuesday that noted BTC fell 48% from record highs to $65,000 in four months.
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