I opened my account this morning, and $BTC was already flat on its back below 83,000.
You really can’t blame this whole drop on crypto: tankers have been hit by mines one after another in the Strait of Hormuz, Brent crude has climbed above $102, and U.S. Treasury yields have surged to their highest level since 2002. Risk assets are taking a beating across the board. FxPro put it bluntly: the road below is a fast lane to 80,000.
Worse, the Fed is still pouring cold water on things. Waller and Musalem both hinted that interest rates could keep rising over the next 6–9 months. Trump says he won’t strike Iran before the midterms, but three aircraft carriers are still heading to the Middle East. This fuse clearly hasn’t been put out.
There are two altcoins worth watching: $APT has overhauled its tokenomics, capping total supply at 2.1 billion, cutting staking rewards from 5.19% to 2.6%, and permanently locking 210 million tokens. Once the October unlock cycle ends, the annualized unlock volume will drop by another 60%—it’s clearly moving toward deflation. $PYTH is going even further: its DAO approved a 100% buyback policy, using all product revenue to buy tokens—triple the previous one-third model.
My take: don’t rush to catch a falling knife in a headwind. But real buybacks and real token locks are better than empty promises. Capital shifting toward projects with cash flow is a trend you can trust.
NFA DYOR
#BTC #APT #PYTH #RWA #CryptoMarket
You really can’t blame this whole drop on crypto: tankers have been hit by mines one after another in the Strait of Hormuz, Brent crude has climbed above $102, and U.S. Treasury yields have surged to their highest level since 2002. Risk assets are taking a beating across the board. FxPro put it bluntly: the road below is a fast lane to 80,000.
Worse, the Fed is still pouring cold water on things. Waller and Musalem both hinted that interest rates could keep rising over the next 6–9 months. Trump says he won’t strike Iran before the midterms, but three aircraft carriers are still heading to the Middle East. This fuse clearly hasn’t been put out.
There are two altcoins worth watching: $APT has overhauled its tokenomics, capping total supply at 2.1 billion, cutting staking rewards from 5.19% to 2.6%, and permanently locking 210 million tokens. Once the October unlock cycle ends, the annualized unlock volume will drop by another 60%—it’s clearly moving toward deflation. $PYTH is going even further: its DAO approved a 100% buyback policy, using all product revenue to buy tokens—triple the previous one-third model.
My take: don’t rush to catch a falling knife in a headwind. But real buybacks and real token locks are better than empty promises. Capital shifting toward projects with cash flow is a trend you can trust.
NFA DYOR
#BTC #APT #PYTH #RWA #CryptoMarket