1. Market Overview
Crypto market continues to quietly strengthen under the surface. Exchange reserves are steadily dropping as accumulation by the long-term holders remains strong. At the same time, ETFs and corporations have maintained a steady buying pace, tightening the available supply even further💪
This week, we also saw a major new player enter the arena: Twenty One, a new public company backed by Tether, Softbank, and Cantor Fitzgerald, officially launched with the goal of aggressively accumulating Bitcoin.
After months of price suppression caused by tariff drama and geopolitical tensions, this week finally brought a strong rebound across the crypto market. With those headwinds starting to ease, it feels like the market is ready to catch up. Looking ahead, with the prospect of rate cuts and the beginning of a broader monetary easing cycle, the setup for the crypto market looks as promising as ever🤔