Not Epstein Files — Here’s Why Crypto Markets Are Flashing Green
Two completely unrelated storylines collided into one huge query throughout Crypto Twitter: Why is the market turning inexperienced once more?
Spoiler: It’s not as a result of Congress is releasing the Epstein recordsdata — however that headline didn’t damage the chaos.
House Votes 427–1 to Release Epstein Files: Market Reacts, however Not How You Think
In probably the most lopsided votes in fashionable historical past, the US House of Representatives voted 427–1 to drive the Department of Justice to launch the long-sealed Jeffrey Epstein recordsdata.
The bipartisan invoice, co-sponsored by Rep. Thomas Massie and Rep. Ro Khanna, now heads to the Senate.
Rep. Marjorie Taylor Greene called it a “main victory for the survivors who’ve waited many years for the reality,” including that she would personally learn the names “on the House flooring” if crucial.
However, regardless of the political shockwaves, the market wasn’t rallying as a result of congressional transparency.
That a part of the story belongs to another person.
Michael Saylor Declares the Dip ‘Normal,’ Says Bitcoin Will Hit New ATH Soon
While Washington was going nuclear over the Epstein recordsdata, Michael Saylor went stay on Fox Business, telling the world what Bitcoin holders wished to listen to:
“This is regular… Bitcoin’s had 15 main drawdowns, and it’s at all times come again to a brand new all-time high,” he said.
And then the road everybody clipped and unfold throughout X:
“The dip is momentary — Bitcoin will hit a brand new all-time high quickly.”
Saylor doubled down with long-term math:
- Bitcoin has appreciated roughly 50% yearly over the previous 5 years.
- Strategy (his firm) is “engineered to outlive an 80–90% drawdown”
- BTC may develop 30% yearly for the following 20 years
- And volatility will preserve lowering as Wall Street strikes in
In traditional Saylor type:
“If you wish to get monetary savings without end with out counterparty danger, Bitcoin is stronger than ever.”
Markets appeared to agree, with charts flipping inexperienced and the whole market cap rising by a modest 2%.
Natalie Brunell Adds Fuel: Bitcoin Is a ‘100-Year Investment’
Fox Business then introduced in Natalie Brunell, host of Coin Stories, who gave retail the psychological framework they wanted throughout a downturn:
- Bitcoin has survived 12 drawdowns of 25% or extra
- People who panic “don’t perceive the asset but”
- She’s been shopping for dips since 2017
- And Bitcoin is the one asset “8 billion folks can save in with out inflation or confiscation danger”
Her headline quote:
“Bitcoin is for everybody — and it’s right here to remain without end.”
That phase ricocheted throughout crypto circles even sooner than Saylor’s.
Bottom Line: Epstein headlines created noise, Saylor created momentum.
Yes, the Epstein Files vote dominated US political information.
Yes, Crypto Twitter lit up with memes, conspiracies, and hypothesis.
But the precise cause the charts turned inexperienced was easy:
Saylor flipped market sentiment on stay TV, Brunell strengthened it, and retail remembered what cycle they’re in.
While the political area is getting ready for an unprecedented transparency battle, crypto markets, in the meantime, cling to the hope of a possible new all-time high.
“If Bitcoin makes a brand new high this 12 months, then it actually obviates the actual fact that there’s a four-year cycle,” BitMine chair Tom Lee had stated.
The publish Not Epstein Files — Here’s Why Crypto Markets Are Flashing Green appeared first on BeInCrypto.
