They did it on purpose
I’ve been watching CNBC all week—I have it on in the background while I work remotely. Bitcoin has rallied all week and no mention of it on CNBC. What happens today? We’re up about 12% on the week and they decide to briefly talk about Bitcoin for literally less than 2 minutes. They literally just mentioned it, which was a bit weird imo, as they’ve spent literally hours today talking about Disney (and other companies). As soon as they they talk about it, boom, the price of Bitcoin is down—pretty sharply I might add. Lol. Call me crazy, but between them constantly bringing up the FTX scandal, having congress members and regulators on to talk about regulating crypto and Cramer constantly talking down on the crypto space, I think they knew what they were doing here.