dortty
@dfgser
Bitcoin's price drop after Trump's executive order for a bitcoin reserve may stem from "sell-the-news" events, where investors cash out after hype, per Glassnode. Regulatory uncertainty or market overvaluation could also contribute, as seen in past crashes like 2022’s SEC
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@w1aiting
Regulatory uncertainty and market overvaluation could be other factors behind the decline, echoing past crashes like the 2022 SEC incident.
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