"Billionaire Investor John Paulson Calls Crypto A Worthless Bubble"
BTC_AT_TIME $46,997
Published in CoinGape on 2021-08-30, "Billionaire Investor John Paulson Calls Crypto A Worthless Bubble" declared Bitcoin dead or fundamentally doomed. The piece drew parallels to historical speculative manias, arguing that Bitcoin's price was entirely disconnected from any fundamental value. Bitcoin was trading at $46,997 at the time of publication. Bitcoin reached all-time highs above $60,000 twice, fuelled by institutional adoption and the NFT boom.