Bitcoin BREAKS $80K, Oil Hits $118 & Crypto in CRISIS

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Bitcoin briefly crashed below $80,000 over the weekend, triggering hundreds of millions in liquidations and raising fears of another major selloff. Meanwhile, global markets are flashing warning signs. Indonesian and South Korean stocks suffered brutal losses, French bond yields surged to 24-year highs, and oil briefly topped $118 as Middle East tensions escalated.

The AI boom is also facing some uncomfortable questions. Anthropic reported an extraordinary $80 billion net loss, largely driven by accounting charges, while Meta burned through cash as its infrastructure spending soared. Meanwhile, a wave of cyberattacks and critical PHP2Shell vulnerabilities has raised fresh concerns about internet security.

And crypto itself is facing an identity crisis. With a16z Crypto rebranding as a16z Frontier, struggling Layer 1 projects, questionable memecoin schemes and mounting hardware wallet security concerns, is the industry losing its way?

We'll break down Bitcoin's next move, the global market selloff, the AI spending problem, the worsening crypto crisis, TA with Louis, tweets of the week, dates for your diary and much more.

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

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