You cannot make this stuff up! What does DECENTRALIZED #Bitcoin have to do with the Venezuelan state-run Petro? The G-20 says crypto is unregulatable...but a U.S. "executive order" to sanction the COUNTRY Venezuela is considered "Bitcoin-negative?" How stupid can "traders" be?
In fact it's really bullish for Bitcoin!! Government would had ban not only Petro but Bitcoin too.
Might be one of the dumbest reactions as of late. Answer: very very stupid. The news is not negative for Bitcoin in the least.
Stupid comes in all Flavors..It's bitcoin. It doesn't get any stupider. The smart money left a long long time ago