We discuss why the "Fed trade" is back in control of crypto as a stronger dollar and hot PCE inflation push bitcoin below $60K for the first time in nearly two years. We cover why AI and equity earnings keep crowding out speculative crypto demand, and what might finally free up capital for bitcoin. We also discuss how the government's shutdown of Anthropic's Fable model reframes decentralized AI as an "access" story, why Coinbase for Agents makes the AI x crypto thesis more tangible, and how to actually trade bitcoin from here using a variety of powerful indicators.
Main sections:
(01:05 - 06:21) The return of the Fed trade
(06:21 - 20:14) AI, earnings, and the marginal speculative dollar
(20:14 - 24:33) Coinbase for Agents and agentic payment rails
(24:33 - 37:04) How to trade bitcoin from here
Speakers:
Colin Basco - Quantitative Strategist, Coinbase (X: https://x.com/colin_basco)
Austin Arnold - Co-Host of Altcoin Daily (X: https://x.com/AltcoinDaily)