Here is a topic of discussion why the markets tanked so hard and why some crypto investments dumped.
That red line is regulation and in the united states that is Gary Gensler since he joined SEC.
President Biden sanctions and personal actions against countries by enforcement.
People invested in crypto was forced to sell investments and some was seized.
It doesn't take a rocket scientist to figure out what happened to the crypto market.
Global market manipulation was the main cause of this bear market.
The real reason crypto projects lost massive value is investors were forced to pull
out over sanctions and enforcement by regulation. Banks were forced to halt
operations with specific groups of people putting major sell pressure on the markets.
Crypto keep finance running up until bitcoin hit 69k then SEC put serious pressure
even harder on markets and banks. The info is out there and still these enforcements
continue without resolve. Its a corrupt war for control of money and its a crime against
humanity trying to survive. I wish you all the best.
That red line is regulation and in the united states that is Gary Gensler since he joined SEC.
President Biden sanctions and personal actions against countries by enforcement.
People invested in crypto was forced to sell investments and some was seized.
It doesn't take a rocket scientist to figure out what happened to the crypto market.
Global market manipulation was the main cause of this bear market.
The real reason crypto projects lost massive value is investors were forced to pull
out over sanctions and enforcement by regulation. Banks were forced to halt
operations with specific groups of people putting major sell pressure on the markets.
Crypto keep finance running up until bitcoin hit 69k then SEC put serious pressure
even harder on markets and banks. The info is out there and still these enforcements
continue without resolve. Its a corrupt war for control of money and its a crime against
humanity trying to survive. I wish you all the best.
Note
Breaking News coming soon after SEC is disolved and restructured. The lawsuits could be in the trillions of dollars to compensate investors. False allegations over what is a security and if a so called security can evolve into a commodity is the biggest scam in crypto. Think how big this will be when the SEC loses and everyone sues the SEC for all the losses Gary Gensler forced on traders. Think of all the taxes that was paid after being forced to sell assets. Billions if not trillions of dollars in losses and tax revenue will have to be repaid as compensation for bad faith regulation over a market that is not a security. The SEC has really F'd up and the government has to pay the bill and who pays the bills for the us government. Taxpayers unfortunately and every action creates a butterfly effect. Crypto currency is not going anywhere but america will be left in the dark while the rest of the world prosper. Government has a big decision to make and it needs to happen now before the damage is beyond saving.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.