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๐บ๐ธ President Trump says more than $17 trillion will be invested in the U.S. this year.
ChainFuse
ChainFuse
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K33 Research cautions that the bitcoin-treasury boom is cooling, with many firms now trading below the market value of their BTC holdings.
๐ About 25% of public bitcoin-treasury firms are trading with market caps below NAV
๐ NAKA has collapsed 96% from its peak, with mNAV down to 0.7
๐ Other names below NAV include Twenty One (Tether-backed), Semler Scientific, and The Smarter Web Company
๐ The mean mNAV fell to 2.8 from 3.76 in April
๐ The Strategy (MSTR) premium dropped to 1.26, the lowest since March 2024
๐ Treasury firms are buying an average of 1,428 BTC per day in September, the slowest pace since May
๐ Public company holdings exceed 1 million BTC, shifting demand back toward ETFs and retail
ChainFuse
๐ About 25% of public bitcoin-treasury firms are trading with market caps below NAV
๐ NAKA has collapsed 96% from its peak, with mNAV down to 0.7
๐ Other names below NAV include Twenty One (Tether-backed), Semler Scientific, and The Smarter Web Company
๐ The mean mNAV fell to 2.8 from 3.76 in April
๐ The Strategy (MSTR) premium dropped to 1.26, the lowest since March 2024
๐ Treasury firms are buying an average of 1,428 BTC per day in September, the slowest pace since May
๐ Public company holdings exceed 1 million BTC, shifting demand back toward ETFs and retail
ChainFuse
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โณ Only 3 hours and 23 minutes remain until the GDP and Initial Jobless Claims data drop โ volatility could range from moderate to high.
GDP (QoQ)
Forecast: 3.3% | Prior: -0.5%
๐ If the release comes in above 3.3%, crypto could turn bearish (a hotter economy narrows the window for rate cuts)
๐ If it prints below 3.3%, crypto could rally (slower growth leaves more room for easing)
Initial Jobless Claims
Forecast: 233K | Prior: 231K
๐ Reading below 233K โ crypto bearish (tight labor market implies fewer rate-cut opportunities)
๐ Reading above 233K โ crypto bullish (weaker labor market signals more room for rate cuts)
โ ๏ธ Weโll post updates as soon as the data lands, so keep @cryptocurrency_media unmuted and share this channel with friends so they donโt miss it.
ChainFuse
GDP (QoQ)
Forecast: 3.3% | Prior: -0.5%
๐ If the release comes in above 3.3%, crypto could turn bearish (a hotter economy narrows the window for rate cuts)
๐ If it prints below 3.3%, crypto could rally (slower growth leaves more room for easing)
Initial Jobless Claims
Forecast: 233K | Prior: 231K
๐ Reading below 233K โ crypto bearish (tight labor market implies fewer rate-cut opportunities)
๐ Reading above 233K โ crypto bullish (weaker labor market signals more room for rate cuts)
โ ๏ธ Weโll post updates as soon as the data lands, so keep @cryptocurrency_media unmuted and share this channel with friends so they donโt miss it.
ChainFuse
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