Rick Ross Reacts To The Cryptocurrency Market Crash

Rick Ross Reacts To The Cryptocurrency Market Crash

Rick Ross is a music mogul who doesn’t hold back when it comes to enjoying the results of his effort. His riches has allowed him to enjoy many luxuries, including a big vehicle collection and the United States’ largest home pool. Rozay highlighted some of the financial advice he lives by in our recent digital cover story with the biggest boss, including words of wisdom from his mother: “If you can’t touch it, don’t do it.” Ross has been open about his Bitcoin apprehension, indicating that his mother’s warnings have lingered with him.

The NFT market dropped by 92 percent last month after Ross questioned individuals who were investing in the metaverse. Ross published the first post, which stated, “The metaverse, crypto y’all get so much money where you at? Where you at? Show us and I don’t mean I’m trying to show money, I got a lot of money I don’t even need that fake money but show my homies what the metaverse about.” 

Rick Ross Speaks On NFT Market Crash

The NFT market dropped shortly after that post, prompting Rozay to retort, “Man, I just woke up, and I heard the NFT market crashed 92 percent, I hope that wasn’t cause of my post, was it. Somebody from NFT call me and tell me the shit crashed on its own, and Rozay ain’t responsible.”

Now, as the cryptocurrency market plummets, Ross is once again providing us with insight. According to Forbes, a $100 billion crypto price crash occurred, causing numerous cryptocurrencies to lose a significant portion of their value. The fall, according to Forbes, is the outcome of excessive inflation in the United States.

“The latest bitcoin and crypto sell-off was sparked by fears the Federal Reserve could put its “foot on the gas” in its fight to drive down inflation after the latest U.S. consumer price index reading showed the economy remains red-hot.”

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