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The Real Reason Bitcoin Crashed After Historic SEC Approval

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On March 17, the SEC and CFTC signed a document the crypto market had been waiting for over a decade. Sixteen altcoins were officially classified as digital commodities. A historic breakthrough. A green light for institutions. And literally the next day, Bitcoin drops from $74,000 to $70,000 in just 24 hours, the crypto market loses $120 billion in market cap, and the U.S. stock market wipes out $820 billion in a single day. How does the best news in ten years line up with one of the worst market days of the year? Today, we break down what is actually happening.

00:00 - Intro
00:41 - Oil Solves Everything
05:36 - Good News, Bad Day

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