Just been watching the crypto stock carnage today and it's pretty brutal. COIN, MSTR, HOOD and the miners are all down 5-10% as the broader market takes a hit. Bitcoin dropped below 66k earlier before recovering a bit, now sitting around 72.7k. The whole thing feels connected to what's been happening geopolitically - we've seen this pattern play out for weeks now. Mondays are usually green, then it bleeds out by Friday as people take profits and hedge ahead of the weekend. Richmond Fed's Tom Barkin was talking about inflation concerns from oil prices and fragile hiring conditions, which definitely spooked investors. The bigger picture is wild though - we're talking about 17 trillion wiped out across the Mag7 tech stocks, gold, silver and bitcoin since their peaks. Bitcoin was at 126k back in October, now down around 45%. Gold's off 20%, silver down 45%. The Nasdaq's officially in correction territory now, down more than 10% from its January high. Even bonds are getting hammered. It's that classic risk-off environment where everything moves together. The ceasefire talk earlier in the week gave us some relief but cracks are already showing. Feels like we're stuck in this 65k to 73k range for bitcoin until sentiment shifts.

BTC-0,2%
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