Good news fully priced in becomes bad news—a textbook-level repeat performance.


As the “Clarification Act” advances to a full Senate vote, and once the news came out, BTC dropped 6,000 in 5 days, with its market cap evaporating by 126 billion.
ETH fell by over 10%, with 30 billion gone, while BTC and ETFs saw a net outflow of 360 million over three days.
In total, the entire crypto market wiped out 190 billion in 5 days.
After waiting so long for regulation to be in place, it turned out to be the fuse for the sell-off.
Every time they say this time is different, every time it’s the same.
BTC-0.01%
ETH0.63%
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