Bitcoin24h $77,515.55+2.33%

Ethereum24h $2,362.99+2.18%

XRP24h $1.44+1.26%

BNB24h $639.90+1.49%

Solana24h $87.09+2.06%

TRON24h $0.3320+1.05%

Dogecoin24h $0.0963+1.10%

Hyperliquid24h $40.20-2.10%

UNUS SED LEO24h $10.36+0.23%

Cardano24h $0.2542+2.48%

The slow-motion ‘bank run’ in private credit

Crypto has exacerbated the problems of private credit, extending leverage and rehypothecation risk across increasingly risky loan books.

How bombing Iran shifted oil and bitcoin prices

The price of oil relative to BTC during key news events might be one of the most interesting chart studies of the Iran war.

Curiously, BTC has demonstrated relative strength among trillion-dollar assets since the onset of the Iran war.

Crypto markets have been penalized with downside volatility amid historic levels of US margin debt relative to income.

BTC’s price fell to $82K today during one of crypto’s worst months since the catastrophic crash of Terra/Luna in 2022.