Happy Wednesday!

Bitcoin is stuck below $66,000, but no need to worry. Santiment data says sentiment is ‘healthy’ and that dip is just a bump in the road.

Kevin Warsh takes the podium for the first time as Fed Chair today and all of crypto is wondering: is another post-FOMC sell-off in store or is everything different now?

Plus, geopolitical pressure, sticky inflation, and a Fed in transition are raising real questions about what carries this rally forward. This Thursday at 2PM ET, get 6 momentum picks already posting 50%+ quarterly earnings growth and 6 deep value plays trading at a meaningful discount — live during market hours with the full framework behind every name. 

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TOP STORY

Bitcoin, Ethereum, XRP Drop Up To 3%, But Data Says Sentiment Is 'Healthy'

Bitcoin, Ethereum, and XRP pulled back up to 3% Tuesday, but Santiment says the sentiment picture is actually constructive.

Bullish-to-bearish commentary now sits at 1.52:1 for BTC, 1.40:1 for ETH, and 1.65:1 for XRP, with no signs of excessive greed.

"The crowd is becoming more optimistic, but not enough to suggest widespread FOMO," Santiment noted.

The downside debate continues: analyst Benjamin Cowen puts the worst-case floor at $41,000-$43,000 based on prior cycle patterns, though he argues this cycle may avoid a full reset: spot ETFs, institutional depth, and corporate holders like Strategy have structurally reduced selling pressure compared to previous bear markets…

SPECIAL OFFER

The Market Is At Record Highs. Here Are 12 Stocks Built For What Comes After

Geopolitical pressure, sticky inflation, and a Fed in transition are raising real questions about what carries this rally forward. This Thursday at 2PM ET, get 6 momentum picks already posting 50%+ quarterly earnings growth and 6 deep value plays trading at a meaningful discount — live during market hours with the full framework behind every name. 

QUICK N DIRTY

Dogecoin should be the perfect beta play for the Space X IPO and Elon Musk’s new trillionaire status: so why doesn’t it do anything?

The Clarity Act is supposed to be crypto’s big bullish catalyst this year. But there is a problem—and the problem is a resident of the White House…

Sam Bankman-Fried is the ghost that haunts the crypto industry: he is now asking President Trump for a pardon, and senators of both parties are working to prevent that.

FINTECH FOCUS

Federal Reserve Meeting Crypto Preview: What Does Chair Kevin Warsh Mean For Bitcoin?

Bitcoin has dropped 10% within days of each of the last six FOMC decisions—and today the Fed meets under new Chair Kevin Warsh for the first time.

The two-scenario framework analyst Andre Jek laid out is simple: Warsh calls Iran war inflation "transitory" and risk assets rally; he calls it "persistent" and they sell off.

A third path matters just as much: any mention of bond market stress or Fed tools to support Treasuries signals QE is coming, and historically that sends gold and Bitcoin up almost immediately.

US 10-year yields have already fallen from 4.68% to 4.42% over 30 days, December rate hike probability collapsed from 61% to 36%, and Polymarket prices zero basis points as the base case today.

The Iran deal adds another variable Warsh can't fully price…

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