Many crypto exchanges are laying off employees. Recentlycelsius recently has limited the withdrawal
Bill Gates has called Crypto, NFTs as Based on ‘Greater-Fool’ Theory
Yet many other well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
Even if there is no statements from a very well known person crypto would still experience a correction it is happened many times not only for today, if we look at the past or history of bitcoin we can saw a lot of correction from different year, so i think it is not the statements that affect the price of the coin there is no direct evidence that those statement affect the price, for me the down trend is normal btc is fully decentralized and i believe that no one can control the price even Bill gates or ellon musk their statement may have an effect but it will not last long so no basis if we will think that they are the reason for this downtrend.