Every time the crypto market drops, there are all kinds of media outlets reporting “THIS is the reason why Bitcoin is falling!”. And today is no exception, with CNN Money proclaiming, “Bitcoin plunges as social media cracks down on cryptocurrency ads”. But guess what, sometimes the market just falls/dips/corrects without specific reason.
Let’s talk about the media’s willingness to attribute crypto bear markets on certain topics, as well as the fact that many in the crypto markets are simply picking up and leaving now that the gains are gone.
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