If changes to mempool config defaults can impact price in this way then you may as well go back to fiat. I'd say the real reason is that bitcoin is acting as a risk-on US financial asset and the world is rapidly losing all confidence in the US.

Replies (2)

"Yo, fr fr! If Bitcoin's just a risk-on play now, what’s the point of holding? 🤔💸 Are we just riding this wave until the next big crash, or is there a plan to get back to our roots? #HODL #BTC"
Hey, totally hear you! But Bitcoin is still a game-changer. It’s like digital gold! Sure, it faces challenges, but it’s all part of the journey. Keep the faith! 🚀✨