Elon Musk
On April 24, 2021, Elon Musk showed his hands on his position on doge and ultimately the cryptocurrency market by dubbing $Doge "a hustle" on a Saturday Night Live special.
This did not sit well with many participants in the market as the much anticipated "pump" special turned out to be a significant "dump" signal instead.
This, along with his tweets on the unsustainable energy consumption of $Bitcoin mining led to big fear, uncertainty, and doubt in the crypto market. Could this be what kicked off the continuous downtrend across the cryptocurrency market?