Real monkeys paw action here tho because I always liked the idea of BTC as a viable alternate to USD, but, not like this.
Like… what!?
I have no words.
The whole monica lewisnky thing happened because there was an investigation into Clinton making maybe 100k off a partnership with a guy who later got arrested.
Granted that was over 20 years ago now, but like, hillarys emails???
There's a been a lot of people doing moves ahead of other tariffs announcements.
If potato prices rise but soybean prices fall, then you can say potatoes got more expensive, soybeans got cheaper, and the dollar is worth the same. But if prices go up all across the economy in general, that is dollar devaluation.
Bitcoin maybe as useless as gold, but that doesn’t make it more or less valuable.
China announced their rare-earth restrictions on 10/9. Trump predictably over-reacts with tariffs on 10/10. The trader had plenty of reason to expect new tariffs, and some reason to expect Bitcoin to go down.
If I were corrupt, I'd always make sure there was some justifying event in advance of my trade, even if I knew there was to be some precipitating event for a market swing. Plausible deniability.
