Crypto-twitter responds to Stephen Mnuchin's press conference

15 Jul, 2019 | Updated: 16 Jul, 2019
by David Borman
Crypto-twitter responds to Stephen Mnuchin's press conference

Just a couple of hours ago, Stephen Mnuchin, the United States Treasury Secretary held a press conference to discuss Facebook's Libra and cryptocurrency in general. In the wake of this talk it seems the price of Bitcoin bumped a little, and sure enough some on twitter came out to discuss what was said.

Some on twitter couldn't help but note that this news may have induced some panic selling, but instead the market seems to have risen after this press conference:

Others found it amusing that shortly after discussing the risks of Bitcoin, Mnuchin switched to discussing raising the US debt ceiling:

Of course, a few summed up what was said with a directness that is often found only on twitter:

Overall most seem to think the comments made by Mnuchin are a positive thing for cryptocurrency in general. Will the market continue to recover because of this press conference or is this bounce short lived? Stick with Chepicap for all updates!

Follow Chepicap now on Twitter, YouTubeTelegram and Facebook!

Mati Greenspan INTERVIEW: Bitcoin to hit $250K if the cycle repeats itself!Subscribe to the Chepicap YouTube Channel for more videos!

NEW! Bitcoin & Cryptocurrency Merch available at stacking sats!



Is this a positive for crypto?

(8 votes)

Add a comment

Check out the latest news

You will be logged out and redirected to the homepage