Ryan Hoover pfp
Ryan Hoover
@rrhoover
BTC and ETH are up ~20% in the last few days. Why? The distrust and falling stock prices of TradFi banks is the obvious answer, but is that the full answer?
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Integrated Kyle e/acc pfp
Integrated Kyle e/acc
@kylesamani
i think this is narrative that crypto bros want you to believe more likely answer is that people are getting more optimistic that fed has to stop rate hikes and start reducing rates (because their actions of rapid hikes started to break things), and lower rates are bullish risk assets
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