It's crazy how every little or large movement in crypto prices now seem to hang on the whims of every regulator. Every time a regulator such as SEC or PBOC even hints at a ban or some negative action, the whole crypto market just loses it's nerve and dumps like crazy.

This is not the same crypto world that I first learned about and bought into. Bitcoin shouldn't care about the SEC or any other regulator. Crypto is meant to be a path to freedom from central regulation and control and more about being in control and each person being self-sovereign. I fear most market participants nowadays are not in it for the long run, don't appreciate the tech, and are only in it for short term.

I hope that the market can regain its former resilience and once again be able to shrug off regulatory/bankster FUD like water off a duck's back.