Bitcoin Cycles and Government Influence on Crypto Industry

The 10-minute average block time of Bitcoin coincides with four-year cycles, aligning with US election cycles, potentially affecting market trends. Recent government actions, including SEC's selective treatment towards big banks in the crypto industry, indicate a significant influence on the industry's dynamics. This influence is exemplified by Biden's recommendation to override a congressional veto related to the crypto industry, sparking reactions and criticisms within the crypto community against government actions in Washington, D.C.