Elon Musk Tweet Moves Crypto Market, But He's Wrong This Time
Being a decentralized market, and generally outside of the purview of regulators, the crypto market is one that's perhaps more susceptible to hysteria. Sentiment drives a significant portion of the returns crypto investors have seen of late. Up to now, capital has mostly flowed in the direction of this sentiment.
However, a recent tweet by Elon Musk calling out the web3 crowd appears to have struck a nerve yet again.
Image Source: Twitter.
Source Fool.com