For the past week, U.S. equities have moved in a fairly tight range. Meanwhile, bitcoin broke its May high and reached roughly $86,000, continuing its recovery from summer lows near $58,000. Alex Thorn highlighted bitcoin’s […]
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes […]
From last Friday, bitcoin has moved lower, around -4% in total as of this Friday morning. U.S. equities closed lower every trading day so far this week, driven by rising oil prices, rising U.S. bond […]
Stocks are up, oil is up, gold is up, and Bitcoin is up, currently at $80,000, up 30% in the last month. Whether or not it’s logical, the debasement/store-of-value trade appears strong, according to Bloomberg’s […]
Thus far, the breakout has held. Through Thursday’s close, U.S. equities have also been flat to slightly positive, owed almost entirely to Nvidia’s nearly 9% Thursday surge, which offset Monday’s semis selloff. After bitcoin’s major […]
Fidelity’s Jurrien Timmer, writing days before the move, had bitcoin floundering around $65,000 with no visible catalyst in either direction, though he guessed that a rising tide in gold would eventually take bitcoin and ethereum […]
Last Friday, Bitcoin dropped from $64.7K to $62.8K, but seven days later it ground its way back up to $64.8K like nothing ever happened. Not bad when taken in isolation. Unfortunately, comparison is the thief […]
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes […]
Since last Friday, Bitcoin moved from around $64,000 up past $66,500 before dropping to $65K as of early Friday morning. Bitcoin remained buoyant despite U.S. equities having been choppy and broadly lower, brought down mostly […]
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes […]
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