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🔻 This past week, I proposed a bill to repeal the overly broad and poorly-crafted #crypto provisions from the infrastructure package. #Bitcoin#BlockChainhttps://t.co/dw815XX6KG November 21, 2021 at 11:49PM via Twitter @SenTedCruz

🔻 Proud that Texas is becoming an oasis for the #blockchain community, for #Bitcoin miners, and for innovators in the #crypto world. Unfortunately, the one thing that is capable of screwing all of this up is the United States Congress. https://t.co/yfLnXNfWzV November 18, 2021 at 03:04AM via Twitter @SenTedCruz

¿Que puede hacer este bot? @CryptoPriceFetchBot Te ayuda a obtener los precios de las criptomonedas y la capitalización de mercado Idiomas: inglés (Visto en @botsgram_cu) #crypto#bitcoin

🔻 This is the truth about #crypto, #Bitcoin, and Congress. But Congress is trying to regulate it anyway. https://t.co/Yxj5tXr4pE November 19, 2021 at 01:49AM via Twitter @SenTedCruz

#bitcoin I don’t want to be negative for #crypto but ninja is waiting price to send it to 63k Be careful, manage your risk If the price goes up above the ninja, we can long after confirmation

Gatto Celebrates Bitcoin Pizza Day #Bitcoin#crypto Gatto | Official Channel commemorates the 15th anniversary of the legendary Bitcoin Pizza Day, where 10,000 BTC were exchanged for two pizzas, now worth over $1 billion. The channel invites followers to share ideas about what a pizza could do in Gatto. Source: link @tonlines

⚡️Wallet News: Bitcoin Achieves New All-Time High #Bitcoin#crypto Wallet News reports that Bitcoin has reached a new all-time high, highlighting the continuous growth in the cryptocurrency market. It is advised to exercise caution as investments in crypto can be risky. Source: link @tonlines

⚡️Wallet News: Bitcoin Hits Historic $100,000 Mark #Bitcoin#crypto Wallet News reports that Bitcoin has reached an unprecedented $100,000. While this marks a significant milestone, the channel warns that investing in crypto carries risks, and advises caution especially for those in the United Kingdom. Source: link @tonlines

The Daily TON: How News Drives Cryptocurrency Prices #crypto#Bitcoin The Daily TON discusses how news impacts cryptocurrency prices, using examples like U.S. tariffs and the COVID-19 pandemic. The channel notes that while government actions affect crypto values, treating them like "real" assets reflects their growing acceptance. The optimistic view is that such market reactions signal crypto’s maturity. Source: link @tonlines

⚡️Wallet News: Bitcoin Surges to Record High #Bitcoin#crypto Wallet News reports a significant milestone as Bitcoin reaches $90,000. The post includes a reminder about the risks involved in crypto investments. Source: link @tonlines

"$BTC update: Expecting some bounce at $97,000, but eyeing $92,000 as potential bottom 📉👀#Bitcoin#Crypto"

The ECB decided two weeks ago to provide a rate cut, through which the markets have seemingly priced in the Dollar as a stronger currency rather than the Euro. In fact, the opposite is true, as rate cuts are necessary to keep the economy floating forward. Powell is slowly but surely crashing the economy, and even Yellen called for rate cuts. In the meantime, Gold continued its momentum as well. Gold has seen some upward momentum and doesn’t follow the path of Bitcoin. The question is, what’s next? Are we continuing the downward spiral for Bitcoin, or is that not the case? Bitcoin started to fall substantially during Friday afternoon through which the weakness continued in the crypto markets. There’s still no conclusion on the listing of the Ethereum ETF, and because of that, it seems apparent that the markets continue to show weakness as they look for more evidence that the listing is going to happen. Combining all the factors, it seems that very likely, the markets aim to provide a potential window of correction through which the Ethereum ETF approval is a ‘Sell the Rumor, Buy the News’ type of event for the entire markets. The ingredients from a macroeconomic perspective are already there. The rate cuts are on the horizon, while the uncertainties surrounding the potential rate cuts are still hunching in the markets as the Dollar has continued to show its strength in the past week, primarily due to the rate cut of the ECB. I’m expecting a lot from the upcoming weeks. I think we’ll have one more week of downward pain on the markets before we continue to run upward.The #Crypto markets continue to drop, why? This week was filled with macroeconomic data, which all turned out to be bad. However, the Dollar continued its strength the previous week, while Gold was strong too. #Bitcoin’s price action was terrible, through which altcoins have been suffering a lot. What has been happening in the past week as a reason for the current price action? CPI Data on Wednesday CPI Data came out last Wednesday where the measurements for the Consumer Price Index are measured, primarily influencing the FED to decide their interest rates and, whether or not, a potential rate cut is on the horizon. The data was in favor of risk-on assets as the data was lower than expected. Why does that favor the markets and what was the actual news? CPI Regular came out at 3.3%, while 3.4% was expected. Core CPI Regular scored 3.4%, while 3.5% was expected. The monthly data was positive as well, as the data was 0.0% vs. 0.1% and 0.2% vs 0.3%. All are positive for a potential rate cut or at least favor positivity towards the future on a potential rate cut. PPI data on Thursday The next important event was PPI data, which is technically the inflation data from Wednesday, but then from the producer’s perspective. The regular PPI provided a score of 2.2% instead of the 2.5% expected. The Core PPI Y/Y provided a score of 2.3% instead of the 2.4% expected. The monthly data was very positive for risk-on assets as well, as this came at -0.2% vs 0.1% and 0.0% vs 0.3%. All, again, very favorable for upward momentum on the markets, but unfortunately, the markets are not picking up any momentum. Crypto assets have continued their downward trend. Consumer Sentiment on Friday The consumer sentiment came out on Friday and can be signaled as a sign of weakness and strength for the markets, which is technically a market leader. The markets have provided a ‘positive’ signal as the consumer sentiment came out lower than expected. The expectations are a rate between 0 and 100, through which the data came out at 65.6 while 72.1 was expected. All in all, it is not the best data for economic strength, and as a matter of fact, a bullish perspective for risk-on assets as you might argue that the markets are eager for rate cuts and that the markets are rotating from here, crypto-native markets. However, some events took place during the week which didn’t cause upward momentum.