Shocking news! Biden is going to let SBF, the big boss of FTX, go? Musk's words directly exploded the cryptocurrency circle!
Just when everyone thought that there was no big movement in the cryptocurrency circle, a piece of news exploded like a bomb: US President Biden is actually considering letting SBF, the founder of FTX who turned the cryptocurrency market upside down? Is this true? Or is it just a rumor? What's more, billionaire Musk also joined in the fun on Twitter, saying: "I would be surprised if this doesn't work out." As soon as this was said, the FTT token immediately soared by more than 20%, as if everyone was cheering for this possible "big reversal". But not long after, the increase slowly slowed down, leaving a lot of people confused.
What is this all about? Is President Biden going to give this "big boss" who stirs up the market a "big pardon" when he is about to step down? You know, Biden has been rumored to pardon people recently, and even Trump's critics have been guessed. As a big donor to the Democratic Party, can SBF really get a "get out of jail free card" in this political game?
If Biden really lets SBF go, is this a rescue? Or is it ignoring the rules? Can those investors who lost a lot of money in the FTX explosion get justice?
Look at the price of FTT again, it is simply cheering for this storm. Bitcoin is soft, but FTT has become the cryptocurrency with the largest increase. Is everyone hyping it up behind this? Or are they all betting that Biden will pardon SBF?
But let's not blindly follow the trend. Technical analysis says that if the price of FTT stands at $3.08, it may continue to rush to $3.50. But if it falls below $2.85, it may fall back to $2.60. These prices are very important for judging how FTT will go next!
So as an investor, do you believe the rumors of Biden's pardon, or stick to your investment philosophy? In this market, every decision may affect your future!
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