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Ran Neuner, founder of Crypto Banter, highlights ongoing strength in crypto markets while traditional hedges like gold and U.S. treasuries face notable declines.
Gold experienced one of its rarest drops in two decades, falling below its 50-day simple moving average, and U.S. treasury markets are described as being in one of the worst bear runs on record. Neuner points out that both gold and bonds are currently failing as hedges while Bitcoin continues to hold its value.
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Neuner previously flagged improved sentiment after reporting U.S. headline inflation at 3.4 percent and core CPI at a five-year low in recent inflation data. He also noted that Ethena made significant buyouts of early investors and maintained its strategy during market downturns, as detailed in Ethena’s recent moves. These updates follow continued scrutiny of traditional and alternative assets.