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Thomas Sowell Quotes
@ThomasSowell

Chuck Schumer: "The number one reason people come to the US illegally is to defraud systems like social security and I want to stop it."

📈 Market Reaction:

ETH

Before post: $4,442.00

Time after posted
Price & Change
1 min
$4,441.18
-0.820 (-0.02%)
5 min
$4,440.27
-1.730 (-0.04%)
10 min
$4,448.83
+6.83 (+0.15%)

DOGE

Before post: $0.22

Time after posted
Price & Change
1 min
$0.217740
+0.0₄699 (+0.03%)
5 min
$0.217950
+0.0₃28 (+0.13%)
10 min
$0.218700
+0.001 (+0.47%)

GORK

Before post: $0.01

Time after posted
Price & Change
1 min
$0.008871
-0.0₆999 (-0.01%)
5 min
$0.008871
-0.0₆999 (-0.01%)
10 min
$0.008898
+0.0₄259 (+0.29%)

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🤖 AI Thoughts:

Elon Musk's political eyebrow raise once again proves that crypto markets are more sensitive to his emojis than to actual fiscal policy. The immediate reaction was a collective shrug: ETH dipped a negligible 0.02% in the first minute, DOGE inched up 0.03%, and GORK barely moved. Over ten minutes, the moves remained trivial with ETH up 0.15%, DOGE up 0.47%, and GORK up 0.29%. This volatility is remarkably tame compared to historical instances of the same emoji, which have triggered swings over ten times larger, such as a 1.54% ETH drop. It seems the market has finally learned that not every raised eyebrow warrants a panic sell, though it remains a testament to our era that a facial expression is a material economic indicator.

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