Bitcoin Whales Accumulate as Macro Uncertainty Looms
Bitcoin rebounded past $90,000 after a brief dip to 88,500, mirroring 2022's bear market recovery patterns. CryptoQuant CEO Ki Young Ju notes Leveraged funds are reducing short positions—a potential inflection point.
Geopolitical tensions dominate discourse. Former President Trump's tariff rhetoric ('Canada will be devoured by China') coincides with the Fed's impending rate decision. Strong employment data suggests rates may hold, creating a holding pattern for risk assets.
The Supreme Court's February 20 tariff ruling could catalyze volatility. NVIDIA's earnings unexpectedly buoyed crypto markets, highlighting growing correlation between AI equities and digital assets.