“The greatest danger in times of turbulence is not the turbulence; it is to act with yesterday's logic.” – Peter Drucker ||
Hi all! You’re reading the premium daily version of Crypto is Macro Now, and I’m very grateful you’re here! In this newsletter, I give some depth on factors I’m keeping an eye on that sketch the growing overlap between the crypto and macro landscapes – my focus is on how crypto is affecting the global economy, and vice versa. There is often a market discussion as well, because that is an important piece, not just for the structural changes but also for investor sentiment, which impacts attention and funding. Nothing I say is investment advice!
If you’ve read this far and are not a subscriber, I do hope you’ll consider becoming one! It would help ensure that I can continue doing this, and I really do feel that the intersection I focus on matters, more now than ever. It’s a privilege to be able to talk to you daily about what I’m seeing – I’d love to be able to make this into a viable concern. The price is currently only $8/month (with a free trial!), although I will be raising it at the end of the summer.
And if you find this newsletter at all useful, please hit the ❤ like button at the bottom! I’m told it boosts the algorithm and helps others find me. 😊
IN TODAY’S NEWSLETTER
BTC on the move?
Bank oversight
Base launch
Oil climbs
WHAT I’M WATCHING
BTC on the move?
Could it be that we actually have some movement on the BTC price?? 😲After hovering around $29,000 for what seemed like an eternity (but was actually only a few days), BTC yesterday briefly rose above $30,000, almost 3% higher than the day’s UTC open. It has since settled back a bit, but seems to be holding at the more encouraging level of $29,800.
(chart via TradingView)
Why it matters:
Keep reading with a 7-day free trial
Subscribe to Crypto is Macro Now to keep reading this post and get 7 days of free access to the full post archives.