Chapter IFor the last decade, critics have dismissed cryptocurrency as a purely speculative casino. They argued that digital assets were correlated strictly with tech stocks—rising when money was cheap, and crashing when interest rates rose. But looking at the charts today, the narrative is shifting. We are witnessing a "decoupling."Chapter IIThe Institutional Floor The approval of spot ETFs was not just a price event; it was a structural change. It created a "floor" for the market. We are no...
