Bitcoin almost broke through the $10,000 mark—then Warren Buffett and Bill Gates came along

• Bitcoin prices slumped below $9,200 after nearing $10,000 over the weekend following criticism from some notable billionaires.
• Berkshire Hathaway CEO Warren Buffett called bitcoin "probably rat poison squared," Berkshire Chairman Charlie Munger said trading in cryptocurrencies is "just dementia," and Microsoft co-founder Bill Gates told CNBC that he would bet against bitcoin if he could.
• Speculation that the SEC and CFTC are meeting Monday could also be having a negative pull on prices

source https://www.cnbc.com/2018/05/07/bitcoin-backs-away-from-10k-after-buffett-gates-criticism.html