Propaganda Daily

Why did bitcoin go down ? Just some speculation.


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In episode 2, of Propaganda Daily I delve into speculation regarding the factors that contributed to the drop in Bitcoin's price from 30k to 25k. I explore the potential involvement of entities like BlackRock and the possible influence of fluctuations in the federal interest rates on the price movement.

It's important to note that the cryptocurrency market is highly complex and influenced by a multitude of factors. While I investigate the potential role of BlackRock and the Federal Reserve's interest rate changes, it's essential to treat these ideas as speculative rather than conclusive explanations for the price movement.


Furthermore, the Federal Reserve's interest rate changes can indeed have an impact on various financial markets, including cryptocurrencies. Cryptocurrencies like Bitcoin are often seen as alternative investments, and changes in interest rates can influence investors' preferences between traditional assets and cryptocurrencies. If the Fed were to raise interest rates, investors might shift their investments from riskier assets like Bitcoin to more perceived stable holdings.

In the episode, I consider these factors while discussing the price drop but emphasize the need for further research and evidence to draw definitive conclusions.

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Propaganda DailyBy Propaganda Daily