Let’s start Monday morning with the macro picture—the news has been explosive this week.
The biggest weekend story: Trump announced a Russia-Ukraine “energy ceasefire.” Before the words had even sunk in, Russia turned around and bombed a power plant in Kharkiv. Zelensky was blindsided, saying he hadn’t heard about the agreement at all. Meanwhile, three oil tankers struck mines and caught fire in the Strait of Hormuz over two days. Iran said it intends to turn the strait into a “long-term strategic asset,” and even threatened data centers and AI facilities in the Gulf. Oil prices rose in response. $BTC has been moving more and more closely in tandem with oil prices and risk-averse sentiment lately. As long as the macro backdrop remains unsettled, it’s hard for crypto prices to shine on their own.
Here’s another interesting detail: Trump wants to buy diesel from Russia, but senators from both parties joined forces to oppose it, saying it would violate the 2022 import ban. Markets hate this kind of policy flip-flopping. CPI is due Wednesday, and Treasury yields are already hovering near their highest levels in 24 years. Risk assets should take it easy this week.
There are some bright spots in crypto, though: $ONDO has been all over the news this week, launching tokenization in the private markets. The first offerings are equity in AI companies. The IMF’s latest report even gave it a shout-out, and the Luxembourg government is also planning to issue €1 billion in on-chain government bonds. Institutional and regulatory attitudes toward the RWA theme are genuinely warming up.
My take: macro shocks are short-term, while the medium-term narratives around RWAs and tokenization remain intact. Keep some firepower in reserve, and don’t go all-in amid a market being whipsawed by the news.
NFA DYOR
#比特币 #RWA #宏观 #CPI #Cryptocurrency
The biggest weekend story: Trump announced a Russia-Ukraine “energy ceasefire.” Before the words had even sunk in, Russia turned around and bombed a power plant in Kharkiv. Zelensky was blindsided, saying he hadn’t heard about the agreement at all. Meanwhile, three oil tankers struck mines and caught fire in the Strait of Hormuz over two days. Iran said it intends to turn the strait into a “long-term strategic asset,” and even threatened data centers and AI facilities in the Gulf. Oil prices rose in response. $BTC has been moving more and more closely in tandem with oil prices and risk-averse sentiment lately. As long as the macro backdrop remains unsettled, it’s hard for crypto prices to shine on their own.
Here’s another interesting detail: Trump wants to buy diesel from Russia, but senators from both parties joined forces to oppose it, saying it would violate the 2022 import ban. Markets hate this kind of policy flip-flopping. CPI is due Wednesday, and Treasury yields are already hovering near their highest levels in 24 years. Risk assets should take it easy this week.
There are some bright spots in crypto, though: $ONDO has been all over the news this week, launching tokenization in the private markets. The first offerings are equity in AI companies. The IMF’s latest report even gave it a shout-out, and the Luxembourg government is also planning to issue €1 billion in on-chain government bonds. Institutional and regulatory attitudes toward the RWA theme are genuinely warming up.
My take: macro shocks are short-term, while the medium-term narratives around RWAs and tokenization remain intact. Keep some firepower in reserve, and don’t go all-in amid a market being whipsawed by the news.
NFA DYOR
#比特币 #RWA #宏观 #CPI #Cryptocurrency