TLDR - Daily Market Report #645
- Total crypto mcap: 2.36T
- Fear & Greed: 9
- Gold above 5k, Silver at 77 after 120 highs
- $BTC 68.7k (+5%) – OI flushed from 94B to 44B, 666M liquidations. ETFs still bleeding but Goldman tripled IBIT to 1.1B. 85k is the level bulls need back.
- $ETH 2,044 (+7%) – 17.3M weekly tx ATH, record-low fees. Usage exploding. EF leadership shifting. Price still fragile.
- $SOL 84.8 (+10%) strongest major bounce.
- $BNB 617 – 1B+ SAFU, 6.6B fraud blocked. France Binanxe CEO got kidnapped almost
- $XRP 1.41 range.
- $ZEC 282 top gainer. $XMR holding strong.
- $LINK 9 despite Polymarket 5-min BTC markets. $PYTH recovering from lows.
- $PENGU +10% on Kast card launch.
Macro + infra:
- CLARITY Act deadline March 1
- $USDT investing into Hyperliquid infra
- Anthropic 380B valuation. FTX missed 28B upside
- Russia exploring stablecoin
Standard Chartered bearish. JPM neutral to constructive. Price says bear. Infrastructure says bull.
I’m still a permabull.