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Mayur Pujara
@mayurpujara
Crypto strategic reserve was announced yesterday & the crypto market is in red today. This is a reminder that crypto market is a small subset of the global economy. The macro factors of the global economy out-weight the biggest catalyst on the crypto market. US govt. has announced that there will be investment announcement soon where people will probably know individual allocation of the crypto strategic reserve. US govt has also kept the first crypto summit and speculation is that there will be an announce of tax breaks on crypto investments. Let’s see how market reacts to upcoming news.
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