The Coinbase $BTC Premium Index has finally flipped back into positive territory after spending an entire month drenched in red
This shift signals a return of U.S. spot demand, historically one of the strongest drivers of impulsive upside moves.
If this premium holds, it could mark the first real behavioral shift in U.S. market participants since the November drawdown a potential early spark for volatility.
🟠 Tom Lee Lowers $BTC Forecast from $250K to “Just Above $100K”
Fundstrat’s head strategist, Tom Lee, has revised his ultra-bullish Bitcoin forecast. Instead of $250K by year-end, he now expects $BTC to reach slightly above $100K.
Reasons for the adjustment:
➖ On October 10, the market experienced a crypto “Armageddon”: massive auto-liquidations, nearly 2M accounts wiped out, and one-third of market makers collapsed.
➖ Since then, crypto has lost its lead as a market indicator - the AI sector is now in the spotlight, while Bitcoin is merely catching up.
The S&P committee reviewed new candidates for inclusion… and once again, $BNB didn’t make the cut -- even though it checks the mechanical boxes on market cap, liquidity, and U.S. listing.
Instead, the committee added SanDisk, while skipping the one company with the strongest Bitcoin exposure in the entire public market.
This isn’t about fundamentals. This isn’t about eligibility. This is about the S&P not wanting a Bitcoin-heavy company inside their benchmark yet -- especially one whose performance is increasingly tied to $BTC , not legacy revenue.
They can delay it for another cycle, but they can’t ignore the trajectory forever.
At some point, the index has to reflect reality -- and exposure is becoming part of the modern market.
What’s happening is simple: tokenized equities have found their home.
Developers building real financial products are choosing Solana because the execution is fast, costs are predictable, and the user experience actually works at scale.
This is what a lead looks like -- not hype, not narrative… actual market share. 💪$SOL