The Milk Road Show

Welcome to the Bull Market That Nobody Believes In (Plus Ethereum vs Solana) w/ Byron Gilliam Blockworks Market Strategist

13 snips
May 12, 2025
Byron Gilliam, a market strategist and newsletter writer at Blockworks, dives into the exciting world of crypto market trends. He discusses Ethereum's impressive surge and its rivalry with Solana, highlighting how speculative activities blend with practical use. Byron examines investor psychology in the face of macroeconomic fluctuations and the evolving perception of Bitcoin. He also touches on the influence of meme coins, reflecting on their dual role in the market's credibility. Get ready for insights that may reshape your investment strategy!
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INSIGHT

Markets Efficiently Price Tariff News

  • Markets may have efficiently priced out tariffs after recent talks eased tensions with China.
  • This suggests the previous market confusion was due to uncertainty about trade war outcomes.
INSIGHT

Recession Frequency Might Be Waning

  • Traditional recessions may be becoming rarer due to economic resilience.
  • Equity markets might be repriced as less risky if recessions become uncommon.
INSIGHT

Bitcoin’s Dual Risk Role

  • Bitcoin acts as insurance against hyperinflation, making it a risk-off asset.
  • Yet Bitcoin's price sometimes behaves like a risk-on asset, reflecting market uncertainty.
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