RE: LeoThread 2025-10-23 02-57
You are viewing a single comment's thread:
It's almost as if the crypto market waits for news from politicians before taking positions.
Donald Trump friends and allies can just ask him to make post to tilt the market in their favor.
Crazy times.
0
0
0.000
That is the same claim people made for decades and it always turned out to be nonsense. When a figure makes a comment and markets go up, people say see, he/she moved it. However, they ignore each time that same person makes a comment and the markets go the other way.
But that doesn't negate the fact that some news are bullish while some are bearish.
Markets often take bullish news and sell on it and vice versa.
Look at Tesla. The earnings were record and the market sold off. Bullish news and a bearish outcome.
Politicians like Trump can definitely sway markets with a single statement. His recent tariff threats on China wiped billions off crypto in a day. It’s a stark reminder of how sentiment drives price action in these volatile spaces.