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ROLLUP: USA Crypto Fiasco | Polygon 2.0 | The 2023 NFT Shoe Wars | Snoop NFT Passport w/ Tpan | #202

The Milk Road Show

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The Decoupling of Cryptocurrencies

Crypto moves directionally in similar patterns as the broader equity markets and clearly was not the AC yesterday so like the East and Oldse and Oldse I've been hit pretty hard last week, obviously with all the different news that we'll get into the regulation side but they went down. ETH was down 5% while the market was stable up a little bit I think as this recording it's also up again today the major exchanges so I wouldn't quite say decoupling but rather on the regulatory side there still is so much uncertainty especially in the US. House Republicans have actually just introduced a bill to try to remove the SEC chair Gary Gensler and completely restructure the SEC agency.

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