Bitcoin And XRP Need Relief From Capital Drain, Says John Bollinger
John Bollinger, the creator of Bollinger Bands, used a sharply worded post on X on April 21 to argue that Bitcoin, XRP and the broader crypto market need a break from what he sees as capital being pulled out of the sector by Washington. Bollinger did not cite a dataset or name a specific policy move, but his reference to the “current administration” landed in a market already primed to read that as a swipe at President Donald Trump’s orbitNew token sales still send 75% of proceeds to the Trump family, even as the project proposed tighter lockups for early investors and faces a fresh lawsuit by TRON founder Justin Sun. Featured image created with DALL.E, chart from TradingView.comAbout Author
