The crypto recovery is accelerating. Bitcoin has climbed through the $66,000–$68,000 zone this week and is pressing against the $70,000 handle — a level that has capped every rally since May. From the July 1 low of $57,748, the token is up nearly 20%, and the rally’s internals keep improving: spot volume leading derivatives, ETF […]
Bitcoin has quietly completed the first phase of its recovery. The token has climbed from the July 1 low of $57,748 to the mid-$65,000s — a gain of roughly 13% in five weeks that has restored a bid to a market left for dead in June. Volume is recovering, the futures basis has normalized, and […]
Every cross-asset investor felt the yen shock this week, even those who’ve never traded USD/JPY. Here’s the damage report — and the lesson inside it. The scoreboard Stocks: the S&P 500 spent the week wobbling around 7,490, down modestly from July’s highs but well above the June correction low of 7,238. The equity market’s reaction […]
It’s been ten days since bitcoin last traded above $63,000, and the crypto market has settled into that uncomfortable limbo between “bottoming process” and “distribution before the next leg down.” The token trades near $62,800 this morning, up modestly from the July 1 low of $57,748 but still 24% below the May peak. Volume has […]
The second quarter closed on Tuesday. Here’s the cross-asset scoreboard, because the story it tells is more coherent than any single market’s narrative. The numbers Stocks: the S&P 500 ended June at 7,499, up about 1% for a choppy quarter that featured a record high in May (7,599), a June correction to 7,238, and a […]