Facebook announced today that they will reverse crypto ads ban. Surprisingly, the market is still falling. Seems very irrational. Any thougths?
Surprisingly, the market did not react to this news with rapid growth. When Facebook introduced a ban, the market began to drop sharply, and now it just stands in place.
This is a good news. But on the other hand I am not expecting a rapid growth just because of this. I also don't believe that Facebook announcement before was the main reason of a huge drop on bitcoin. It was mainly due to many bad news on bitcoin adoption and facebook is just one of them that time.