Brent crude surged to $104, while $BTC fell below 83K. These two developments are more interesting when viewed together.
The logic is simple: rumors of an escalating US-Iran conflict, combined with attacks on Gulf shipping, sent oil prices up $4 in two days. Rising oil prices revive inflation expectations, and US Treasury yields have surged to their highest level since 2002. Last night’s FOMC minutes added fuel to the fire: all 19 officials supported a September rate hike, and most thought there should be another one before year-end. $BTC was pressed down amid these “higher for longer” expectations, and FxPro said outright that if 83K breaks, it’s headed for 80K.
But one piece of news got drowned out by oil prices: by the end of the month, Samsung Wallet will roll out on-chain USDC transfers on $SOL to 82 million Galaxy devices in the US. No extra app to install, no seed phrase to remember—international transfers will go straight through Solana. Macroeconomics is crushing valuations while adoption quietly lays the groundwork. Doesn’t this scene feel a little familiar?
Don’t try to call the bottom in the short term; the panic hasn’t fully played out. But honestly, looking back, the dips caused by this kind of macro-level panic have always been opportunities. Keep your hands steady and buy in gradually.
NFA DYOR
#BTC #比特币 #Solana #美联储 #Cryptocurrency
The logic is simple: rumors of an escalating US-Iran conflict, combined with attacks on Gulf shipping, sent oil prices up $4 in two days. Rising oil prices revive inflation expectations, and US Treasury yields have surged to their highest level since 2002. Last night’s FOMC minutes added fuel to the fire: all 19 officials supported a September rate hike, and most thought there should be another one before year-end. $BTC was pressed down amid these “higher for longer” expectations, and FxPro said outright that if 83K breaks, it’s headed for 80K.
But one piece of news got drowned out by oil prices: by the end of the month, Samsung Wallet will roll out on-chain USDC transfers on $SOL to 82 million Galaxy devices in the US. No extra app to install, no seed phrase to remember—international transfers will go straight through Solana. Macroeconomics is crushing valuations while adoption quietly lays the groundwork. Doesn’t this scene feel a little familiar?
Don’t try to call the bottom in the short term; the panic hasn’t fully played out. But honestly, looking back, the dips caused by this kind of macro-level panic have always been opportunities. Keep your hands steady and buy in gradually.
NFA DYOR
#BTC #比特币 #Solana #美联储 #Cryptocurrency