Happy Tuesday!

Bitcoin just can’t get a decisive move going and remains stuck around $70,000. Trump-driven headline volatility isn’t helping. Here’s what the next move depends on.

Peter Schiff is the best-known Bitcoin critic, but on Monday President Trump caught some flak. Schiff accused him of market manipulation — but it may be worse than that.

Plus, silver’s recent move is unfolding alongside broader shifts in oil, inflation, and global markets, creating short windows where positioning matters. Matt Maley recently stepped into that move in SLV and will walk through the setup, the signals behind it, and where he’s seeing the next opportunities forming right now.

TOP STORY

Bitcoin Ping Pongs Around $70,000 As Trump Headlines Drive Volatility

Bitcoin is ping-ponging between $69,000 and $71,000 as Trump's Iran headlines flip from escalation to pause and back again — sometimes within hours.

Analyst Scott Melker flags the most important divergence in markets right now: gold is getting crushed by forced selling while Bitcoin holds its range, raising the first serious question about capital rotation from traditional safe havens into crypto.

"Trillions of dollars have been rapidly added and erased across equities," Melker said, yet BTC hasn't broken.

The next move hinges on one of two macro outcomes…

SPECIAL OFFER

How to Trade Volatility in This Fast-Moving Market

Silver’s recent move is unfolding alongside broader shifts in oil, inflation, and global markets, creating short windows where positioning matters. Matt Maley recently stepped into that move in SLV and will walk through the setup, the signals behind it, and where he’s seeing the next opportunities forming right now.

QUICK N DIRTY

Bitcoin, Ethereum, XRP trade around the same levels as Monday as markets try to digest the short squeeze: here’s what’s moving markets today.

BlackRock’s Larry Fink remain bullish on tokenization but also has some words of caution: don’t expect too much progress too soon.

Circle is pushing for digital asset reforms in the EU, but so far that’s not helping its stock: CRCL is down 6% today.

FINTECH FOCUS

Peter Schiff Questions Trump 'Market Manipulation,' But Treasury Yields Hint At Something Even More Dangerous

The bond market may be doing what diplomacy couldn't — forcing Trump's hand on Iran.

The 10-year Treasury yield has surged 45 basis points since late February, closing in on the 4.5%-4.6% range that triggered Trump's Liberation Day tariff reversal last April.

ING's Padhraic Garvey is watching swap spreads: if the 10-year swap spread blows past 60 basis points from ~50 currently, U.S. borrowing costs spike and credit conditions tighten across the board.

The 5% yield level is the nuclear option — Arthur Hayes has called it a potential mini-financial crisis trigger that forces Fed liquidity injections.

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