In a recent video, Ivan discusses the current dip in Bitcoin prices, attributing the market's reaction to political events.
He points out that Bitcoin, which was trading at $58,000, has dropped to $56,600 following a U.S. political debate between Kamala Harris and Donald Trump.
-
Ivan notes that the market viewed Harris as calm and in control, while Trump's more aggressive behavior negatively impacted the sentiment.
-
As the debate progressed and Trump’s performance declined, Bitcoin’s price also began to drop.
Ivan highlights how government policies affect crypto, expressing concern that too much regulation, especially under Harris, could block innovation in areas like cryptocurrency and space.
He uses Elon Musk’s Starship delays as an example of how bureaucracy slows progress. Ivan believes Trump’s focus on streamlining government, with Musk's support, would help innovators, including in the crypto space.
He argues for less regulation and more freedom, warning that too many rules could hold back the growth of the industry. In his view, politicians should let the market lead the way.