The Epstein case ignites discussions in the crypto community. What are the impacts on the crypto world?

①Reputation and Trust Crisis: The crypto industry originally emphasizes "decentralization" and "anti-establishment," but the Epstein case reveals that early funds may have come from suspicious sources, damaging the industry's image. Critics argue this proves cryptocurrencies are "elite tools" rather than empowering the masses. This has led some investors to shift to more "clean" projects or simply exit.
②Market Volatility and Price Shock: The release of Epstein documents directly intensified panic in the crypto market. In November 2025, Bitcoin erased its entire year's gains, briefly dropping below $80,000, with the overall crypto market evaporating over $1 trillion. One reason is investors' concern that the "elite manipulation theory" will weaken Bitcoin's appeal, leading to leveraged liquidations and a wave of sell-offs.
③Increased Regulatory Pressure: The case prompted investigations by the US Congress into the Epstein documents, and the Trump administration also faces pressure to release more files.