The world's largest economy will not be buying cryptocurrencies, but it will also not be selling them, which makes the supply smaller, thus increasing the shortage of demand, more or less like halving.
In a sense, this is positive, but it certainly disappointed the expectations of many people. A few seconds after Daniel Sax's tweet, the cryptocurrency market wavered and bled almost like a massacre. I personally find it interesting to see that a market created against governments and large corporations, such as the DeFi market, has so many supporters and defenders of these governments and corporations!
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The world's largest economy will not be buying cryptocurrencies, but it will also not be selling them, which makes the supply smaller, thus increasing the shortage of demand, more or less like halving.
In a sense, this is positive, but it certainly disappointed the expectations of many people. A few seconds after Daniel Sax's tweet, the cryptocurrency market wavered and bled almost like a massacre.
I personally find it interesting to see that a market created against governments and large corporations, such as the DeFi market, has so many supporters and defenders of these governments and corporations!