Bitcoin lost roughly 10% of its value in just 24 hours, catching many traders off guard who thought the digital currency would hold up better during stock market turmoil. Musk’s comments came as his own company’s stock fell alongside other tech names, adding fuel to debates about whether cryptocurrencies can truly serve as portfolio hedges. But some shareholders aren’t happy about the company’s crypto bet right now. Square Inc. got caught in the crossfire, with its stock falling 12% as investors worried about the company’s Bitcoin holdings. Bitcoin’s market cap dropped by roughly $200 billion during Tuesday’s selloff.