GM. We saw how big the market grew with the suppression by the biden administration and their anti-crypto army, operation chokepoint 2.0 stance. Now we're going to see how far we go under the new administration with people like Scott Bessent, who is Trumps TREASURY SECRETARY… https://x.com/i/web/status/1860269158061023582 https://twitter.com/coinbureau/status/1860264528681767388

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BitMEX co-founder Arthur Hayes wrote that the recent Bitcoin crash may stem from traders' concerns about IBIT (BlackRock) […]
The article, "Arthur Hayes Speculates on BTC Crash Cause: 'Institutional Hedging Operations': IBIT Options Explode $900 Million," was originally published on BlockTempo, the most influential blockchain ABMedia media.

Arthur Hayes speculates that the reason for the BTC crash is "institutional hedging operations": IBIT options saw a surge of $900 million.

Unusual trading in BlackRock’s bitcoin ETF, iShares Bitcoin Trust (IBIT), has led traders to speculate that this week’s sharp Bitcoin drop may have been triggered by one or more Hong Kong–based hedge ...

Bitcoin Selloff Sparks Hedge Fund Speculation Around BlackRock ETF

Bitcoin ($BTC) has recently gone through a sudden shift on Bithumb, a well-known South Korean crypto exchange. In this respect, the $BTC/KRW trading abruptly plummeted over 10% below the worldwide ave...

Bitcoin Price Plummets on Bithumb after Staff Error Transfers 2,000 $BTC

Apparently Scott Bessent is an openly gay man. I thought Trump was a bigot and anti-gay? I guess not.

Trump's pick for the Treasury Secretary, Scott Bessent, is pro crypto.
This was what he said back in July 👇 