uh hate to be the bearer of grey news, but the decline of bitcoin is also due to there being riots in Kazakhstan (I think). Basically, fuel prices suddenly went way up, people started rioting, the president gave the order to shoot to kill any protesters (bad) and he gave the order to shut the internet down (also bad). Kazakhstan is the #2 bitcoin mining country (after the US), so after the internet shutdown bitcoin went down, dragging crypto currency down along with it (I think?).
I also found an article that said yes, the fuel prices are the main thing but bitcoin mining in K (since electricity there is so cheap) also contributed to power outages and generell unrest. (this was only 1 article & also in German so idk how accurate that is)
Idk what the lesson learned is supposed to be, please do celebrate the much needed fall of crypto (fuck yes), but maybe also keep the messed up stuff in K that kinda caused the fall of crypto in mind if you can. And do some independent research if possible, I'm just some rando on the internet and sure as heck not a reliable source and uh hope you have a good day, srry to be a downer :p
TURNS OUT IT WAS MORE COMPLICATED THAN US MANIFESTING IT THROUGH WILLPOWER BUT NOW I'M BETTER EDUCATED SO THAT'S COOL
