I very much disagree because if these decisions were made during the bull market on 2021 or 2017, we can be very much certain that bitcoin the whole of the cryptospace would pump much more than the highness that it has pumped.
This is presently a different type of market with the investors and the traders that are very much skeptical despite all of these good news that the Donald has announced. The decision to remove Tornado Cash was very good and very important news for the cryptospace.
Fair enough. I can agree with that. Positive news has a different effect during a bull market compared to during a bear market and conversely negative news has a different effect. It has to be aligned with the trend. We've had many similar cases like some shitcoin exchange being hacked during a bull market and nobody caring about it but when another shitcoin exchange is hacked during a bear market people do panic sell and price drops more regardless of the fact that the shitcoin exchange hack
news is insignificant and has nothing to do with bitcoin.
This is a very strange and skeptical bull market. On your argument that an exchange being hacked has not have an effect on the market, we have witnessed this recently on Bybit! The Lazarus Group from North Korea has stolen $1.5 billion of ether from this exchange and the market did not dump or panic on the news. Similar to my argument with the type of good news presently being announced by the Trump administration would pump the market during 2017 and 2021, the hack on Bybit would have very much dumped the cryptospace market during 2017 and 2021. This is very headshaking, I reckon.