How did a pro-Bitcoin government end up overseeing this $1 trillion market implosion?US President Donald Trump’s macro shocks reveal crypto fragility, triggering $1 trillion downturn in 41 days.
Happy Monday!Despite a staggering $1 trillion market downturn in just 41 days triggered by macro shocks from the US administration, institutional confidence in Bitcoin gains momentum, spotlighted by Harvard’s massive 257% increase in its IBIT ETF stake. While Bitcoin ETFs witness a record outflow amid price dips, the cryptocurrency remains poised for long-term resilience as global money supply surges to $142 trillion, reinforcing its fundamental appeal as a hedge against fiat system vulnerabilities. The global crypto market cap is $3.16 trillion, with a 24-hour volume of $186.73 billion. The price of Bitcoin is $93,455.65, and BTC market dominance is 58.7%. The price of Ethereum is $3,098.89, and ETH market dominance is 11.7%. The best-performing sector is Prediction, which gained 8%. The Crypto Fear & Greed Index is currently Extreme Fear (14). 📰 Top News
How did a pro-Bitcoin government end up overseeing this $1 trillion market implosion?US President Donald Trump’s macro shocks reveal crypto fragility, triggering $1 trillion downturn in 41 days. ‘What does Harvard see coming?’ asks macro analyst as university ups IBIT position by 257%Harvard University’s 257% IBIT ETF stake increase shows rising institutional confidence in Bitcoin, even as ETF outflows dominate headlines. Capitulation or rotation? $867M flees Bitcoin ETFs amid dip below $100,000The exodus surpassed the Aug. 1 record of $812.3 million to take second place, while the Feb. 25 outflow of $1.1 billion remains the worst daily redemption on record. Bitcoin is built for exactly this moment as global money supply explodes to $142 trillionShort-term pain may be plunging crypto investors into extreme fear but the failings of the fiat system mean the Bitcoin long-term thesis hasn’t changed
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