New US credit crisis looms as more firms limit withdrawals – and Bitcoin could be hit first
Redemption pressure is forcing gates across major private credit funds, tightening liquidity and exposing structural fragility in a $1.7T market.
Banks bullish on Strategy also profit from the stock sales funding its Bitcoin accumulation.
More than four-fifths of U.S. Bitcoin ETF assets are tied to Coinbase in some custody role. Morgan Stanley's new trust shows Wall Street is still routing crypto exposure through the same gatekeeper.
The same agency that pointed to crypto enforcement as proof of its toughness in late 2024 is now holding up those cases as evidence of institutional overreach.
Bitcoin is still holding gains, but fading Iran optimism and soft on-chain signals leave the rebound on uncertain footing.
The first lady's surprise April 9 address tried to shut down the rumor mill, but traders still refused to chase the headline.
ETF-era Bitcoin is deeper on weekdays and thinner on weekends, leaving smaller traders more exposed when volatility hits.