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Hello readers,
BTC continues to show strength amid global uncertainty. It’s trading at $70.5k at the time of writing — down 44% from its peak on 10/6/25, but up 13% since early February.
Meanwhile, the Nasdaq is starting to crack. It’s now down 9.2% from the 10/29/25 high. It just broke its 200-day moving average. And MAG7 continues to underperform.
Which has us wondering:
Are the TradFi markets poised to join BTC in a bear market?
And are investors waiting for the next “TACO” naive or prescient?
We explore in this week’s edition of TDR Pro.
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