The Wolf Of All Streets Crypto Bounces, BTC Dominance Rises To 60% | CryptoTownHall
Oct 23, 2025
Paul, a frequent crypto panelist, joins macro strategist Mike McGlone, and crypto expert Tomer, alongside market commentator Mark, for an engaging discussion. They dive into Bitcoin's rising dominance and recent market volatility, dissect the interplay between gold and silver as risk assets, and analyze stablecoins' explosive transaction growth. The panel also explores narratives shaping crypto investments, the implications of regulatory news, and how the fundamentals of institutional flows are reshaping the landscape, making for an insightful conversation on the digital economy.
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Precious Metals Behave Like Risk Assets
- Dave and Scott argue gold and silver behave like risk assets due to speculation and leverage despite safe-haven narratives.
- Silver acts like an altcoin with amplified volatility and speculative pile-ons driving big moves.
Adjust Targets And Avoid Retail Mania
- Avoid piling into assets when retail mania and visible queues form; that often signals a short-term peak.
- Consider the denominator (money supply) when adjusting nominal price targets for long-term assets like gold and Bitcoin.
Crypto Correlation With Equities Has Increased
- Mike warns Bitcoin and gold have become highly correlated with equities, reducing their diversification value.
- He prefers treasuries as the next big trade if equity volatility shifts lower and deflationary signs grow.