The Day Bitcoin Became a Wall Street Asset

Hello traders, hope you are all doing good. What a chaos last week was. So let’s talk what is happening in crypto market.

Bitcoin isn’t simply “sliding down.”

It’s being pressured from multiple angles at the same time- leverage, derivatives, macro fear, and political uncertainty all hitting together.

In just one day, nearly $5 trillion was wiped out across global markets:

  • Gold fell roughly 5–6%
  • Silver collapsed close to 20%
  • Nasdaq, S&P 500, and Russell all sold off
  • Bitcoin dropped around 8%, erasing nearly $120B in value

 

So this isn’t just a crypto issue.
It’s a broad risk-off move across everything.
But Bitcoin has its own unique forces amplifying the damage.

From “21 Million Coins” to Wall Street’s Trading Machine

The old Bitcoin pitch was clean and simple:

Only 21 million coins will ever exist.
No money printing.
No banks creating fake supply.
No rehypothecation games like traditional finance.

That purity started fading once institutions built a massive derivatives ecosystem on top of BTC.

Now we have:

  • Cash-settled futures
  • Perpetual swaps
  • Options markets
  • Spot + futures ETFs
  • Prime broker lending
  • Wrapped BTC
  • Structured products and swaps

 

The result?

One real coin can end up supporting multiple paper claims






[...]

Leave a Reply

Stay Informed with Our Exclusive Updates!

You’ve unlocked the first part of the article!
To read the full story and get access to exclusive insights, subscribe to our newsletter.
By subscribing, you’ll get:
Don’t miss out!
We respect your privacy and won’t spam your inbox.