Today, we unpack the "underwhelming" 2025 bull market. Was $126k really the top? We dive into the data showing Bitcoin's 4-year ROI is virtually indistinguishable from the S&P 500 and Gold. We also break down Meltem Demirors’ viral thread on why "Proof of Stake was a mistake", how TradFi revenue has officially flipped DeFi, and why the meme coin supercycle left retail investors empty-handed.
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Notes:
* BTC 4yr ROI: 12% vs Gold 10%
* TradFi Rev $9.1B vs DeFi $9B
* BTC Range: $70k-$100k for 2 yrs
* '21 Inflation Adj Peak: $84k
* BTC Down 2.6% in 12 Months
* 2025 Bitcoin Top: $126k
Timestamps:
00:00 Start
02:02 Have you seen my bull run?
10:05 Meltem's Thread
16:26 Maker DAO
24:37 Proof of Mistake
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Published on 1Â month ago
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