RECAP: CRYPCRO - CRYPTO & MACO
CrypCro Today: Conquer Crypto + Macro! BTC Rally & Liquidity on fire!
NUGGETS OF ALPHA
Pantera believes that the bull run is on and now is the time for the rally
Binance has now fallen to ~1% of the US crypto trading volume
GBTC has reached the lowest discounted NAV level since September 2022
Open AI's GBT4 powers new chatbot called "Polygon Copilot"
MSTR profits surge as BTC rockets past $29.8K
AWS is investing $100M in a generative A.I. center
Jay Powell confirmed the Fed is committed to indefinite monetary intervention while testifying to the Senate Banking Committee
US national debt in two weeks has increased by $638B
Fed Funds rate has been above inflation 58% of the time since 1955
Bank of England is set to hike interest rates to 6.0%
UK is experiencing elevated inflation levels
China's working-age population expected to shrink by 200 to 300 million over next 20 - 30 years
Global sperms count is down 50% since 1973
In 2022, more people died than were born in Germany
The global crypto market cap hit $1.2T, which is good news, with a massive $51B of trading volume over the last 24 hours. The Crypto Fear & Greed index has shot up to 65. In this lesson, we will examine crypto and macro in depth to discover what is driving the BTC rally.
Per this chart, we bottomed at minus 76% in November at ~$15,500 for BTC and have experienced a positive trend since. This recent bear market looks very similar to the
Keep reading with a 7-day free trial
Subscribe to InvestAnswers Newsletter to keep reading this post and get 7 days of free access to the full post archives.