Theme updated Aug 26
Crypto & bitcoin
Bitcoin, ether and the digital-asset bid, decoded alongside the rest of the tape.
9 mornings covered crypto & bitcoin this year
Wednesday, August 26, 2026
Brent fell 3.89% to $88.58 and WTI 3.12% to $82.36 on the session Washington declared the Strait of Hormuz cleared of mines — Brent's largest…
The crypto & bitcoin read — Bought for the same reason as gold this month.
Read the briefMonday, August 24, 2026
Friday reversed the week without redeeming it
The crypto & bitcoin read — Bitcoin's week belongs to the same monetary question.
Read the briefFriday, August 21, 2026
Washington said its buybacks would get bigger and the long bond got sold anyway: the 30-year settled at 5.24% and the 10-year at 4.70%, both…
The crypto & bitcoin read — Best day in months, but with its own policy catalyst
Read the briefThursday, August 20, 2026
The 30-year fell to 5.20% and the dollar fell with it — EUR/USD +0.86%, USD/JPY -0.80%
The crypto & bitcoin read — Had its own policy catalyst, not the money story
Read the briefMonday, August 17, 2026
No cash session has printed since Friday
Peace made a new high and passage a new low over a weekend with no cash session — and the storage band reversed
Read the briefTuesday, August 11, 2026
Monday was the first full session since Friday and it moved one thing violently: WTI settled $82.13, +5.05% on the day, Brent $87.72, +4.99%,…
The crypto & bitcoin read — The only major risk asset that actually fell on the day.
Read the briefWednesday, July 15, 2026
THE CAPPED RELIEF. June CPI came in benign - headline -0.4% m/m (the first outright drop since the 2020 pandemic), annual 3.5% from 4.2% - which…
Wednesday 2026-07-15 - a benign June CPI takes a July hike off the table and gives stocks a modest relief bid, but gold refuses to rally and Trump's 20% Hormuz toll keeps oil near $80 - a forward oil shock the print can't see
Read the briefSaturday, July 4, 2026
US markets were closed for Independence Day (4 July, a Saturday) - but the markets that never shut kept moving
The crypto & bitcoin read — Bitcoin and ether kept climbing over the holiday.
Read the briefThursday, July 2, 2026
Fed Chair Warsh said inflation risks have DIPPED - and the FX/crypto tape read a green light: the dollar fell ~0.7% to 100.7, the yen recovered…
The crypto & bitcoin read — Bitcoin bounced above sixty thousand even as targets got cut.
Read the brief