Not Epstein Files — Here’s Why Crypto Markets Are Flashing Green
Summary
Crypto Twitter was buzzing over why markets were turning green, initially linking it to the US House voting 427-1 to release the sealed Jeffrey Epstein files. However, the article clarifies that this political news was merely noise. The actual catalyst for the market rally was comments made by Michael Saylor on Fox Business, where he declared the recent dip "normal" and asserted that Bitcoin would soon hit a new all-time high (ATH). Saylor reinforced this by citing Bitcoin's 50% annual appreciation over the past five years and MicroStrategy's long-term strategy. Natalie Brunell further supported this sentiment by framing Bitcoin as a "100-year investment" resilient to inflation and confiscation. Ultimately, Saylor created the momentum, Brunell reinforced it, and retail investors remembered the current market cycle, leading to the modest 2% rise in total crypto market cap.
(Source:BeInCrypto)