Gwyneth Paltrow suffered for her association with Bitcoin
When crypto fever was high, in 2021 and 2022, before the free fall, several Academy Award-winning Hollywood stars like Damon and Witherspoon joined the promotion. Even Gwyneth Paltrow, another Oscar winner, joined hands with Bitcoins and got people to invest in them.
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Encouraging people to learn more about the fundamentals of Bitcoin and cryptocurrencies through her lifestyle brand Goop, Gwyneth Paltrow has joined the rush. She shared an interview with Bill Barhydt, CEO of cryptocurrency wallet and exchange service Abra, via X in an effort to promote the virtual currency. But soon, the actress faced online mockery from fans as the celebrity endorsement trend took a turn for the worse at some point after the crypto value plummeted