Weekly Roundup 03/17/23 feat. Alex Thorn (Bank crisis, Fed makes $2T available, Signature mysteries) (EP.406)
On The Brink with Castle Island
ETH BTC Should Be Lower, Right?
In a bear market, it's typically been lower. I think one of the main reasons is that most regulatory actions and announcements against crypto hit other altcoin ecosystems rather than Bitcoin. So when those narratives are all looking kind of negative right now and Bitcoin simultaneously finds itself in this other positive lane,right? I think that makes an argument that ETH BTC should be lower. The Bitcoin price action creates this narrative to the juxtaposition between banks collapsing,. bank stocks cratering Bitcoin pumping a ludicrous amount.
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