Nostr

allow me to clarify:

over the past three months, we’ve witnessed a series of transformative advancements for #Bitcoin and the broader ecosystem… yet, paradoxically, the price & markets appear to be in a steep decline:

• The Executive Order on Strengthening American Leadership in Digital Financial Technology

• The repeal of SEC Staff Accounting Bulletin 121 (SAB 121)

• The launch of the SEC Crypto 2.0 Task Force

• The SEC’s dismissal of enforcement actions against Coinbase, Robinhood, Binance, and Gemini

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Discussion

Contra 10mo ago

Classic Bitcoin move, fundamentals getting stronger while the market takes a nap. Price is just catching its breath before the next sprint.

Liberty Farmer 10mo ago

Of course, the dollar is through the roof, cash is king currently in markets, people are terrified of recession, stock crash, bonds staying high and inflation.