crypto

Markets are funny.

BTC on the rise because of expected Fed rate cuts. They’ve been largely expected for a couple of weeks now. 50 basis points b/c nothing was done in July. Nothing is really new, still just (well-informed) speculation. 

So how is that not priced in already? Why the jump today? Did people really think 25 was more likely? I mean…it could happen of course…but more likely? I just don’t see it.

I've had to undo a lot of my learnings from business school 🤣

🍖x50
15 $Degen
55 $Aba
15 $Wild
25👏