Latest / Bitcoin News Digest Podcast
Deep Dive 5/8/26
Executive Summary
Over the last 24 hours Bitcoin underwent a methodical repricing, falling from approximately $81,180 to $79,200, a move that liquidated $353 million in leveraged positions. This “stress test” was triggered by the collapse of the 14-point US-Iran diplomatic memorandum and the onset of combat in the Strait of Hormuz, which kept Brent Crude prices above $100 per barrel. The resulting supply-side inflation, paired with a resilient US labor market that added 115,000 jobs in April, has effectively boxed the Federal Reserve into a corner, evaporating hopes for near-term rate cuts…
The skinny
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