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RECAP: FIAT ON FIRE
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RECAP: FIAT ON FIRE

OCTA: BTC now Zero Risk with Cars, Fiat Fire, Charts, and Alt Details!

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InvestAnswers
Jun 27, 2023
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NUGGETS OF ALPHA

  • Swissblock's Bitcoin Risk Index recently reached zero

  • The Fear & Greed index is up to 59

  • BITI at its lowest level since August 2022

  • Digital asset investment products saw largest weekly inflows since July 2022

  • ETH supply on exchanges down to 9.2%

  • XRD, BCH, and RNDR significantly outperformed BTC over last 90 days

  • A Tesla driver with FSD technology is ~10x less likely to have an accident

  • U.S. 30-year mortgages that are locked keep the existing for-sale listings low

  • $700 billion increase in U.S. National Debt since the debt ceiling was suspended

  • Germany’s Central Bank is signaling the need for a €2.7T bailout

  • Zimbabwe’s inflation rate nearly doubled to 176% in June

  • 1 Bitcoin is now worth 804,090 Turkish Lira—a new all-time high


Phillip Swift knows his stuff and predicts the institutions are coming this time - and they are coming in force.


This heatmap paints a horrible picture with all of that red, but we must remember that this is crypto divided by Bitcoin. Several altcoins were up on the week in terms of fiat.


This heatmap against the U.S. dollar paints a very different picture, as

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