Bitcoin fell way off its peaks back in October alongside the first debates over CLARITY Act regulation in the U.S. Senate.
Crypto companies as a block traded down with Bitcoin.
Investors in crypto are no strangers to volatility. And now, after 5 months of anguish, the fund flow data shows they’re testing the waters again:
Despite another challenging week for retail investors, flows to bitcoin ETFs suggest some are buying that dip. (Source: Duality Research)
Bitcoin broke to a new one-month high earlier this week, just as fears of resurgent inflation and rising oil prices took hold.
Over the long-term, investors buying the dip now will see some great returns, particularly once the Clarity Act establishes the guardrails for “rewards” crypto can legally pay.
The crypto infrastructure plays behind our Dollar 2.0 thesis are waiting patiently for the Clarity Act to hit the floor of the Senate for a vote.
~ Addison
P.S. Yesterday on Grey Swan Live!, our natural-resources specialist, Shad Marquitz, provided a prescient look at gold and oil price volatility; the “whack-a-mole” trading environment set in motion by the war in Iran.
Shad systematically covered the mosaic of natural resource opportunities in oil, LNG, antimony, tungsten and precious metals following the Iran bombing excursion.
We’re in the middle of an active shooting war in the Persian Gulf … Oil has surged. Gasoline and diesel prices are spiking…
And yet, the stock market is only slowly rolling over. And gold – typically a hedge against geopolitical uncertainty – is bucking expectations with a sell-off.
Shad brought the receipts – and a list of smaller-cap companies that look promising across the commodity space now.
Click here to sign up for the Grey Swan Investment Fraternity if you’re not a member yet to get this latest insight – the replay is up on our site now.
