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I think the crypto world is already doomed, for now. If the long-term outlook is that some sectors won't fall further, then the crypto world is truly finished! Do you believe it?
Currently, there are 8,000 to 10,000 assets listed on the entire network for US stocks and ETFs trading.
How much blood needs to be drawn with this?
Next week, the major SpaceX launch will be another significant bloodsucking event.
This is forcing people to stop playing with Bitcoin and altcoins.
BTC has been around for 17 years and 5 months; does it have no resilience this time?
First, miners are shifting to AI, electricity is shifting to AI, storage is shifting to AI.
Now, it's also a collective capital flight from US stocks.
If this continues, the very foundation for BTC's survival and stability will be destroyed.