crypto bad news
Crypto is poised for some bad news for the next few days.
Today there is the latest bitcoin news that will be very influential for the next few weeks, and I personally think this week is a very up and down week for crypto, because there is some very important news for crypto.
First of all have to thank Mr Elon Musk, because he defends bitcoin indirectly, a few hours ago Elon Musk tweeted what people need to know about inflation, and Michael commented that inflation is going to be really bad and most people put their money in it. crypto for a safe option, Elon Musk replied that he would not sell etherium, doge, bitcoin. This means that Elon Musk still holds crypto coins and is an encouragement for us crypto holders.
The bad news is that Europa/EU is very serious about banning crypto, this is only a proposal stage, it can be continued and can be cancelled, for the decision to be taken today, very important news for crypto because Europa is a very developed country, both economically, and The reason they banned crypto there are 2 reasons, the first is to preserve nature, because using crypto consumes a lot of electrical energy, and for the second reason so that Russia cannot escape sanctions from several countries, because we know Russia is getting economic sanctions from several countries. country.
The bad news is Mr.March Fed will raise interest rates, the effect will be very influential on crypto, because the increase in interest rates will make investors risk assets like bitcoin, stocks will drop drastically, meaning the market will be in danger. when interest rates rise.
I don't think there's too much green on the market this week, unless there's some good news.
