Sponsor: Uniswap Labs — Uniswap Labs launched a $15.5 million bug bounty to help secure V4.
Bitcoin has had a tumultuous week, jumping to ~$102K on Monday before crashing as low as ~$91K on Thursday. It’s since stabilized a bit, but overall, there is a palpable air of uncertainty (and thus anxiety) around the Fed (not) cutting rates in 2025.
The U.S. job market on Friday added to this, showing greater job growth, which traders have interpreted as a potential impetus for the Fed to cut rates even less in 2025. Overall, CT has become fixated on Macro news, which is usually a sign to press pause and spend time touching grass. Remember, the long-term view has not changed… higher.
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