In a market as immature (early on) as crypto, such rumours can have/has had massive effects on the market. I bellieve they will continue to do so until more countries officially legalize it and it becomes more widely adopted, but I believe that crypto will one day be widely adopted and replace FIAT!
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yes right dude
Yeah, it's still in the early days of volatility because the governments aren't sure how to treat it, and many people still want to obey them.