NUGGETS OF ALPHA
90% of BTC’s supply has not moved in 90 days, demonstrating its hardness
Nearly 8 million on-chain addresses hold over $1,000 in Bitcoin
Fidelity says Bitcoins’s exceptional risk-reward is “in a different universe”
A global liquidity uptick has been confirmed, and a portion will flow into BTC
Tether now has $4.3B in excess reserves and making over 5% on T-bills
Starlink has become cash flow positive, making an IPO more attractive
The Fed has printed an additional $3T in the past couple of months
Today I will recap last week’s obscure news that matters. Fidelity recently stated that "Bitcoin is the most exceptional asset," a firm with approximately $8T in assets under management.
Weekly Market Recap:
The global crypto market cap is $1.3 trillion, with a 24-hour volume of $30.55 billion.
The price of Bitcoin is $34,767.25 and the BTC market dominance is 52.3%.
The price of Ethereum is $1,838.14 and ETH market dominance is 17.0%.
The Crypto Fear & Greed Index is currently Greed (68).
SOL +27.29% jumps out in the dark green
NEAR & GRT had a great week
Overall, another good week in the crypto market:
BTC +2.64%,
SOL +30%
UNI +16%
A golden rule in life is that for anything good, you must seek it out and find yourself. Anything that finds you is most likely
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