Facebook announced today that they will reverse crypto ads ban. Surprisingly, the market is still falling. Seems very irrational. Any thougths?
It doesn't always mean that if there is a good news related to cryptocurrency, the market prices of cryptocurrencies will go up high. It is how people will take that news, if they think it will drive the price to increase greatly then expect another small recovery. While this reverse in banning cryptocurrency advertisements a great news because crypto related companies can now continue to promote their service through facebook, which we all know that is one of the biggest platform to promote all types of businesses. I already said it before that facebook can resist but to accept crypto ads again, because this market can make huge money.