BTC and crypto fell today as traders cut risk ahead of Fed minutes. Higher rate fears weighed on sentiment, while leveraged liquidations amplified selling. The minutes signaled another hike. We had a small initial bounce after but it didn’t erase the day’s losses
@BernieSanders I’m sorry. I liked you Bernie but how did Trump help Musk make that money? Did Trump help him start 3 of the most successful businesses in the world? Did Trump help launch reusable rockets? Did Trump make EV’s for Tesla? Stop gaslighting senator!
Bitcoin is no longer trading like a “risk asset.”
It’s trading like a liquidity detector.
When real yields rise, the dollar strengthens, and global liquidity tightens, BTC feels it first.
When the system eventually has to ease again, BTC usually sees it before the headlines
@liamgallagher@cdurant92 Some of us smart ones with good music taste were with Oasis. I blame it on bad marketing though. Why was it all just wonderwall and champagne supernova?
@TomCrown It’s hard for people to admit that even he was a failure. I voted for him this time around. It was definitely the better choice by far. Corruption is so baked into the fabric of our politics that it’s just normalized at this point. Maybe AI is our only hope? Or our demise? 😳
@Truth_Seeker_14@JamesDula82 So the transaction move in 3-5 seconds and ripple as calculated that there is zero to little slippage in price in that short time. It would be different for slower assets like BTC or Eth as those transactions take minutes to even days sometimes
@CryptoLifer33 I couldn’t agree more. The amount of money involved in paying these politicians from the banking sector is astronomical and they will try to get every last cent before the time runs out. Other countries are already passing legislation. Clock is ticking
@OnlyInBOS Just had our baby at Brigham and women’s. Can’t say enough about the doctors and nurses that took care of us. 100 out of 10. Unbelievable care provided. It’s sad that the building and equipment they use is so outdated. Plus with the recent strike for higher wages.Sad thing to see
@CryptoLifer33 Honestly. I think it’s dead in the water at this point. But I don’t think this is bearish for crypto. AI and crypto will be so embedded into financial institutions in the next 2 years that it will be impossible to back track with any new administration