- Tariff Relief Sparks Hope: A massive 6-3 vote to roll back the Trump administration’s tariffs removes a heavy macroeconomic anchor that has suppressed crypto markets since April 2025.
- Dangerous Divergence in Accumulation: While retail traders aggressively buy every minor dip, large institutional wallets holding 10 to 10k BTC have dumped nearly 0.5% of the total supply in just five weeks.
- MVRV Signals Limited Downside: Both 30-day and 365-day Market Value to Realized Value (MVRV) ratios are deep in negative territory, suggesting that average traders are well underwater and the risk of further massive drops is mathematically reduced.
The crypto markets have endured a slow, painful bleed over the past five months, with BTC…
