We are back to the 90s, the Fed raised the rates by 0.50% - nothing is going to stop the trend of further rate hikes - which in turn will keep on taking the air out of the balloon so called Crypto.
Before whatever does Elon Musk is tweeting, people started to make a panic buying in that token, sometimes maybe a shitcoin or what. People now learn their lesson, they are now using their brain instead of following what will Elon is tweeting. It is true that Elon has a large amount of bitcoin holding but if it will not be enough if he want to dump it all. Before one tweet can increase the price of bitcoin, now Elon doesn't have the power he has before.