{"id":13742,"date":"2025-02-18T17:17:13","date_gmt":"2025-02-18T17:17:13","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13742"},"modified":"2025-02-18T17:17:13","modified_gmt":"2025-02-18T17:17:13","slug":"argentinas-reverse-midas-touch-with-currency-why-is-crypto-down-today","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13742","title":{"rendered":"Argentina\u2019s Reverse Midas Touch With Currency: Why is Crypto Down Today?"},"content":{"rendered":"
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Oh no, the crypto market is down and keeps dipping even after a small recovery. A series of unfortunate events, including statements and actions by Argentina President Javier Milei, have contributed to this fall. Milei and Hayden Davis with LIBRA did us a reverse Midas touch and liquidated even big retail players.<\/p>\n

Today, the crypto market saw a notable decline linked to activities in Argentina. The market was shaken partly by President Javier Milei\u2019s involvement in LIBRA, he endorsed the token just for investors to see it collapse shortly after. This ripples across the global crypto market, leading to a dip in various altcoins.<\/p>\n

\"Crypto<\/p>\n

(Source<\/strong><\/a>)<\/p>\n

Milei\u2019s Single Grain of Sand Tipped the LIBRA Crypto Scale<\/h2>\n

LIBRA gained attention after President Milei\u2019s endorsement and saw its market cap free-falling from $4.4 billion to $70 million in a flash. An insider, Hayden Davis, who was associated with the launch of LIBRA, admitted in an interview that he and other insiders had made profits amounting to approximately $110 million.<\/p>\n