With the recent $900 million liquidation in the crypto market causing panic on social media, Edward Snowden remains calm. The overall crypto market cap has dropped by almost 5%, with meme coins falling by 13%. Bitcoin’s price has fallen to $65,000, with daily trading volume increasing by 60%, indicating a broader sell-off from investors. Bitcoin ETFs also saw a net outflow of $55 million yesterday.

Despite the market turbulence, Edward Snowden, a computer intelligence consultant and whistleblower known for leaking classified information, reassured everyone on social media. In a tweet, Snowden pointed out that Bitcoin’s price is nearly the same as it was a week ago, urging people not to panic.

Bitcoin has experienced significant volatility recently, especially when ETFs see a net outflow. However, the price of Bitcoin has remained bullish, starting the year at $42,000 and reaching $73,000 in March after hitting $50,000 in February.

Snowden’s positive outlook is supported by the fear and greed index for Bitcoin, which still shows ‘Greed’ despite the recent market drop. On the other hand, altcoins like Solana, XRP, and Avalanche have seen losses of almost 10% in the past day.

In conclusion, while the crypto market experienced a sharp drop, Bitcoin’s price stability and Snowden’s optimism provide reassurance to investors during turbulent times.

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