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Caution for Purchasers of Bitcoin: Anticipate the Risk of Losing Your Entire Investment

On January 29, Gabriel Makhlouf, a member of the European Central Bank’s governing council, cautioned that individuals investing in Bitcoin must be ready to face the possibility of “losing all their funds.” Bitcoin’s value has surged by over 100% since November, surpassing $40,000 earlier this month. Makhlouf delivered this warning during an interview on “Bloomberg Surveillance.”

Credit: YouTube/Bloomberg Television

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