America - Crypto capital
Trump - king of crypto
Whether we like it or not America is currently influencing the crypto market, crypto just move based on American stock market, economic data and political moves.
Recent economical data all around the world shows almost all of them except america is returning to the normal state of economy, still we are talking about 40k $BTC because of economic and political instability.
Even though other economies like UK, japan, india, china influence the crypto market and significantly share the market cap, still we always follow american economy.
It’s true that contributions of America on crypto is significant, crypto is for world, crypto prices should move based on the project results.
Everyone in this industry including exchanges, project teams should start to promote cryptos to every part of the world, now trump can make a post and make a token market cap increase by trillions, before elon did that, it completely violate the vision of crypto.
This industry is far less small compared to financial industry but the potential is very high, if few corporates or countries manage to own majority of the market cap or manage influence the industry, in few years no common people can even dream of entering to crypto market.