Bitcoin Rips Toward $75K! Most Confusing Market In History?

Bitcoin is ripping toward $75K, up 17% since the U.S.–Iran war kicked off and outperforming stocks, gold, and silver as traders call Trump's bluff on the Strait of Hormuz. But while the S&P sits 3% from all-time highs, consumer sentiment just hit the lowest level in recorded history. Add in the Clarity Act returning to the Senate, stablecoin payments moving tax-free, the Fed approving Kraken as the first digital asset bank, Deutsche Börse dropping $200M into Kraken, a Kraken extortion scandal, and the Bitcoin halving officially hitting its halfway mark — and you've got the most confusing market in modern history. Today we break down whether Bitcoin is front-running a policy-driven breakout, or masking the fractures forming underneath the entire financial system. Learn more about your ad choices. Visit megaphone.fm/adchoices