Market Overview
Inflation is dead, long live the pump. The market added a staggering $140.09B in value over the last 24 hours, pushing the total cap to $3.26T.
Why? Two reasons. First, the US Core CPI came in at 2.6% — lower than the suits expected — which practically screams for Fed rate cuts. Second, Michael Saylor's strategy entity (let's just call it what it's: a Bitcoin black hole) scooped up another $1.25B in BTC.
When you combine macro tailwinds with billion-dollar spot buying, you get green candles. The 3-day trend is undeniably bullish, even if the "Powell under investigation" rumors are adding a weird layer of political anxiety to the mix.
Bitcoin & Majors
Bitcoin ($94k+) finally broke out. We saw $117M in net inflows to spot ETFs, reversing a four-day bleed. The price action was violent — a $200M USDT injection on Binance happened in just 11 minutes. That's not retail. That's a whale in a hurry.
Ethereum (+7.47%) is finally waking up. Bitmine now holds over 4.17 million ETH. Let that sink in. They are sitting on $14 billion in assets, effectively locking up supply while network growth hits all-time highs. If you're shorting ETH here, you're betting against a corporate balance sheet larger than some countries' GDPs.
XRP (+5.06%) and BNB (+4.13%) tagged along, but the real story is the rotation back into legacy assets. Even Solana saw ETF inflows, though the price action was overshadowed by the privacy sector madness.
Outliers: The Privacy Rebellion
Here's where it gets interesting. While everyone was watching BTC, the privacy sector went parabolic.
- DASH (+50.86%): Yes, Dash. In 2026. It surged to lead the gainers list. Why? Alchemy Pay integration helps, but the real catalyst seems to be fear.
- Monero (XMR): Hit a new All-Time High.
- Zcash (ZEC): Down -0.6%. Ouch. The market is picking winners, and ZEC isn't one of them.
The narrative? Governments are cracking down. Nigeria is linking crypto to national IDs. Thailand is hunting "grey money" USDT transactions. Capital is fleeing to privacy, but specifically into XMR and DASH.
Story (IP) (+36.31%): Another massive gainer, though analysts are screaming about a lack of genuine user support. Feels like a VC unlock pump. Tread carefully.
The Losers:
- $NYC (-81% from peak): The Eric Adams-linked token rug-pulled. Shocking. Absolutely shocking. (It wasn't).
- MemeCore (-5.47%): Taking a breather while the adults trade the majors.
Sentiment: 8/10
We are in a "Goldilocks" zone. Inflation is cooling, institutions are buying billions, and the regulatory FUD (CLARITY Act delays) is being ignored.
My take? The "Powell DOJ investigation" headline is noise designed to shake weak hands. The liquidity speaks louder. We are seeing a rotation from speculative memes back into hard assets (BTC) and utility plays (ETH, Privacy).
Watch the $95k level on BTC. If we flip that to support, the road to $100k is wide open. Just don't get caught holding the bag on these zombie privacy coins once the panic bid fades.
