BTC holding steady

So the SEC filed a report against Ripple for violations of the "securities act" and because Ripple has paid exchanges in XRP for listing Ripple on the exchange.
Now off course, this isn't good news for Ripple, and I expect Ripple to get thrown of exchanges all over the world. In response to that it dropped 34 % today.
Now, where do I see the good news? Well, let me explain.
In my opinion, this filing is an attack by the SEC on the complete crypto market. And especially now, with Bitcoin soaring, and the recent rise of Ripple. But there is no way to target Bitcoin, because it is decentralised. Ripple is not! So they went for Ripple, as an easier target. But, the intentions of the SEC and by expansion, the FED, were to target the entire crypto market. And that didn't work out so well. Some Alts dropped today, but nothing quite impressive. And for Bitcoin? It didn't move an inch. It is holding steady around 23500,00 USD.

That is just amazing news, and I am sure the SEC and the FED are not liking this. They were hoping for a crypto market meltdown after this. But their intentions failed quite substantially.

Does this mean, we are out of the woods yet? No, but it sure shows confidence by the market, and that is good, very good!

Sincerely,

Pele23

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