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Yes, I definitely agree with that statement. Bitcoin is strong, it is powerful. He had, you know, quite difficult times. We have seen some outflows recently, but if we look more broadly, Bitcoin ETPs have attracted almost $60 billion in assets since January 2024. Something really interesting is happening with Bitcoin and the crypto market right now. You see, experts say that Bitcoin is still too risky.
The main thing I look at in Bitcoin is the complete certainty that it will return to the low price, because it will be closer to 10,000. And right now we are at 82. Technology stocks worth over $200 billion are But the main conclusion: the first condition for this is for the US stock market to subside a bit and remain at a low level. Do you understand this? AI stocks fall, Bitcoin holds. And yes, Bitcoin is down a bit, but AI and tech stocks are down much more. He has become a great player who, in my opinion, definitely has a strong foundation for the future.
Cryptocurrency is showing great strength right now, but even I'm starting to get nervous. I mean, we understand that regulation and the fundamentals for crypto in general continue to improve. Here is Peter Van Valkenburg's speech at the Coin Center's 2026 annual dinner. Understand what has changed. And, actually, yesterday we were able to share some good news. The Treasury Department is repealing two proposed rules that Coin Center has fought fiercely against for years. The infamous unhosted" wallet rule, which was so bad that when I started writing posts about it, people were like, "What the hell, dude?" What do you mean by " unhosted"? We use their terminology. What is this? This is.look at this, an "unhosted" wallet. He's just
lying here. Okay, I'll stop. And they also withdrew the rule classifying mixers as a money laundering threat. Which would be very bad. If you recall, it classified not reusing an address as " mixing." Or yes, not reusing the address would be a mix-up. So anyone using Bitcoin correctly would be doing something that is a major money laundering threat. This is great. And of course, the SEC and CFTC are implementing very good new rules. So the predatory regulations that the government had against crypto are disappearing. Ambiguity disappears, leading to greater clarity and allowing the space to truly flourish. Also pay attention to the fundamental indicators in the crypto.
Solana in four charts for Q3 2026. Chart number one: Solana app revenue. App revenue grew 48 % quarter-over-quarter, the highest since Q3 last year. Chart number two. Tokenized shares reached a record $7.1 billion in the quarter, with an all-time high of $ 4.4 billion set in September. Chart number three. Solana reached $197 billion in spot trading volume on decentralized exchanges. And graph number four: Solana processed a record 14.2 billion transactions, about 1,790 transactions every second. Currently, the Solana price has not yet caught up with the results, but the fundamentals continue to improve. This signals a major update for BitTensor Tao. This is a bet on
decentralized AI. No consensus. BitTensor recently released " No consensus"-a major protocol update that expands the capacity of subnets from 256 to over 2,500 participants. What does this mean for BitTensor? Well, now the subnetworks that are the early stages of AI and robotics are mostly companies building on this protocol. Now, subnet owners can expand the number of people who can mine on their subnets from hundreds to thousands for tasks that require it, such as data mining. Computing subnetworks. This makes a lot of sense. Good update. Even tokenized stocks are growing, attracting more people into crypto. Tokenized Tesla soars in price as Elon Musk unveils prototype flying roadster based on SpaceX technology. I'm looking at the
Tesla chart on Coinbase Advanced. So, we see that Tesla was rising before the big announcement, and then slumped on the news itself. And since Coinbase is a sponsor of the channel, if you want a literal 80% discount on commissions when trading, averaging costs, or buying a small amount each week- activate rewards. Get up to $275 in USDC as a reward, plus an 80% discount on fees. This will save you money. This will allow you to get more crypto in the long run. Be sure to check out the full guide to understand everything in detail. Coinbase Advanced: a step-by-step guide on how to trade crypto, futures, stocks, and more. Link
below. Thank you to Coinbase for sponsoring this part of today's video. And that brings us to why global markets started to fall. Oil exceeds $110 for the first time since May amid rising supply risks. So, the price of Brent oil is jumping again, the main reason being that Iran has put its armed forces on high alert for 72 hours, and mobile bomb shelters are being urgently deployed in Tel Aviv. Global uncertainty is growing. There is also less free money in the system right? Oil affects transportation and fuel costs.
It affects consumer goods, food, it affects almost everything. This sucks money out of the system. It's starting to fall, as some call it, a little bit ahead of its time, AI and semiconductor stocks are a little overvalued right now. But Bitcoin, in times of global uncertainty, seems to remain unmoved. In fact, Bitcoin was created for exactly such situations. Besides, what do we know? That in the stock market, many of those AI stocks. They never had the opportunity for correction. Crypto markets, we are ahead of the curve. Leverage has already been removed from the system. Most, many sellers have already sold their assets.
Cryptocurrency was the first to adjust. Bitcoin expert Willy Wu claims that Bitcoin should be resilient to stock market pullbacks, as it has already pulled back 50% while stocks were setting new highs. And I'm not saying that Bitcoin won't correct at all, am I? If the stock market falls by 20%, it will cause fear, and corrections will occur in cryptocurrency as well. But if we don't make a significant correction when the stock market falls, it's a "bullish" flag. If we correct, well, by 10-20%, anything is possible in crypto, but if we form a higher low, it's a "bullish" signal. The last time this happened was in 2014, when Bitcoin took off after the collapse of Mount Gox. It was the only exchange that existed at the time. The only
crypto exchange in existence collapsed while stocks continued to rise. So it's clear that Bitcoin and cryptocurrency were the first to adjust. Then BTC slowly rose, while stocks entered a bear market. When stocks aligned in a " bullish" trend with the famous 2017 market. If you like the content, support the author. I appreciate this information. So, all of this forms the launching pad for what could be a very bullish end to the year and into 2027. And since I believe that the Altcoin Daily army is smarter investors, we understand that technical indicators control the price in the short term, while fundamentals help determine where it will be in the long term. In the long term, we understand: wow, the fundamentals continue to improve, the price,
I suspect, is likely to go much higher. However, technically, look where we are. While stock prices are plummeting, Bitcoin is testing and actually rebounding, not even a big rebound, but pulling right up to this 50-day moving average. If we could break through it, wouldn't we? Obviously, the stock market is falling if tensions around Iran escalate, the next support is 72,000. That would still be a higher low. Link below to join, take advantage of the bonuses, and as always, see you tomorrow.
