WHAT THE SEC COULDN'T DO WITH BITCOIN, ELON MUSK AND DONALD TRUMP DID ON X! 🤦🏼♀️ A TRUE DISASTER!
I always thought the SEC would be the big obstacle for Bitcoin, with its regulations and watchful eye. But, you know what? What the SEC couldn't achieve —driving down the price or confidence in Bitcoin— seems to have been accomplished by the unexpected fight between two of the most influential guys on the planet: Elon Musk and Donald Trump!, and their all-out battle on X (formerly Twitter).
The dynamic between these two giants, with their statements, accusations, and that struggle on the social network, has generated volatility and uncertainty that hit the cryptocurrency market hard. The emotional ups and downs and the crazy decisions of both, which get amplified a lot on the X platform, can have a more direct and rapid impact on how the crypto market feels than any SEC announcement. The SEC operates slower and more predictably, while the Musk-Trump "fight" introduces an element of unpredictability that can shake Bitcoin prices.