This Week’s Alpha:
Market Snapshot
Jack Mallers Launches Twenty One, a Bitcoin treasury company
Saylor Discloses $5.1 Billion Gains For $MSTR
ARK Raises 2030 Bitcoin Price Projection To $2.4M
The FED Withdraws Crypto Guidance
Russia FOMO’s into Crypto Exchange
Good morning Digital Asset investor,
The market is a wild unforgiving beast, but generous to those who wait. Is this rally going to hold? Let’s dive in,
1. Market Snapshot Week #17
Strong week for equities —S&P 500 and Nasdaq (QQQ) gained 2-3%— Bitcoin held steady at ~$94K as support, with its market dominance unchanged at 64%. Bears in disbelief.
Bitcoin is becoming the fabled awakening giant currently undergoing its first significant macro stress test, demonstrating resilience amid heightened volatility, risk-averse equity markets, and shifting monetary policies.
Acting as hedge against sovereign uncertainty, au pair with gold, Bitcoin is not only showing signs of decoupling from traditional markets but also maturing as an asset class. This evolution commands investors to reconsider its role beyond merely a high-beta digital asset.
Liquidity remains intact and is gradually improving, with expectations of further strengthening through Q2. Last week, global liquidity saw a slight uptick, reflecting the lingering effects of Q1’s monetary stimulus.
This week’s Crypto Fear & Greed Index closed at 53/100 indicating neutrality
