Summary
The video discusses the current state of Bitcoin, which is resting around $76,000-$77,000 amid geopolitical tensions between the US and Iran, high oil prices, and rising US bond yields. Experts also cover MSTR's continued Bitcoin purchases and the possibility of a surprise Fed rate hike in July.
- Bitcoin is in a resting phase, trading around $76,000-$77,000.
- US-Iran tensions and potential military conflict keep oil prices elevated.
- Rising US long-term bond yields make risk assets like Bitcoin less attractive.
- Yardeni Research suggests the Fed could hike rates in July if oil stays high.
- MSTR (MicroStrategy) bought 24,869 Bitcoin last week, showing continued accumulation.
- The US public opinion is increasingly negative towards the Iran war, pressuring Trump.
- A new 'Hormuz Safe' Bitcoin marine insurance service was launched by Iran.