If this administration refuses to act, than it is on Congress to provide strong guardrails, protect consumers, and curb corruption. Cryptocurrency is a highly risky, volatile, unpredictable asset. Take the bitcoin, the gold standard of crypto. It has fallen in value nearly 50% since hitting a record high last October. And it's not just bitcoin. (01:23–01:29)
CLAIM
Asserts that cryptocurrency is a risky and volatile asset.
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