The real culprit behind the crypto crash: Wash EffectAuthor: jk, Odaily Planet Daily
Open any cryptocurrency data platform, and all you see is a sea of red.
As of press time, Bitcoin (BTC) is priced at $78,214, down 6.9% in 24 hours, with a 7-day decline of 12.4%. Ethereum (ETH) is even more brutal, currently at $2,415, down 10.5% in 24 hours, with an 18.2% drop over 7 days. Solana (SOL) is also not spared: $103.51, down 11.6% in 24 hours, with an 18.4% decline over 7 days. Looking at BNB and XRP, both have experienced double-digit drops.
The question is, what triggered this collective retreat?
The answer points to the same name: Kevin Warsh.
On January 30, U.S. President Donald Trump on the social platform Truth
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