Bitcoin’s $6K Monday surge hit a brick wall at $115K, snapping back under $113K as dominance creeps to 56.7% and the market cap stalls at $2.25T. ETH slips below $4,200, alts bleed, and ASTER dumps 17% in 24 hours — but chaos crowns new winners with Subsquid +75% and SwissBorg +24%. ETF flows, tokenized fund pilots, and stablecoin wars pile on the pressure. October coils tight, December’s the detonation window.
Chaos to Clarity, Noise to Narrative — Tuesday, July 23
Rare Bits is back after a 9-day build bender with Big Arts Org — and we’ve got charts, chaos, and clarity to cover. Bitcoin tapped $120K and got smacked down, altcoins followed, and the Pi token somehow levitated. But underneath the chop, something is brewing: NFT volume spiking, ETH inflows surging, and Solana blasting to $200. Are we in the early innings of Alt Season?
Plus — in the world of WTF: Ozzy Osbourne dead at 76, Epstein files blocked again, and Colbert’s show is getting the axe.
Let’s talk markets, headlines, and mayhem.
👊 Like, Comment, Subscribe — and stay interesting, my friends.
🕸️ chrisberlin.com
In today’s episode:
🚀 Bitcoin’s insane pump — from $109K to $123K, with whales feasting and one Binance trader losing $100M.
🏛️ Trump’s new tariffs & geopolitical theater: Russia, EU, Mexico, and Ukraine in the mix.
🎭 Elmo gets hacked — yes, that Elmo. Chaos on X.
🗳️ Cuomo vs. Mamdani — NYC politics go off-script.
🎤 Beyoncé in ATL — the Queen stirs the hive.
Quick hits include:
💰 $3.7B into BTC ETFs
🧬 Biotech x Crypto merger
🔀 Ethereum ETF surge
🧠 Verifiable randomness for AI + DeFi
🛡️ Coinbase claps back at Binance rumors
This isn’t just price talk — it’s a pulse check on the whole system.
Strap in. Stay sharp. Stay interesting, my friends.
👇 Hit subscribe. Share the signal.
🎧 Podcast & full archive: beatbroker.substack.com
🧠 Host: Chris Berlin | chrisberlin.com
Some guy named Rasmer said Solana hit $290 because of pump.fun — completely ignoring macro momentum, institutional flows, and U.S. policy support. Solana didn’t pump from memes, it pumped from the President.
Powell held rates steady but kept the hawkish tone. Bitcoin dipped to $105K from a $109K rejection, alts bled out hard, and market cap dropped $60B. BTC and ETH dominance are both climbing as traders rotate to safety.
Justin Sun is merging Tron with a Nasdaq shell company and plans to hold TRX on the balance sheet — aiming to mimic Tesla’s Bitcoin strategy and bring native crypto assets to public markets.
Uniswap v4 is gearing up for launch with governance proposals in motion. Custom pool logic and hooks could redefine the DEX game — the biggest protocol upgrade since AMMs went live.
Bringing Chaos to Clarity. Noise to Narrative
Bitcoin holds strong above $105K amid Iran’s retaliation — retaining 61.5% market dominance.
Ethereum bounces back above $2,500 with growing DeFi activity and investor confidence.
HYPE rallies nearly 8% toward its all-time high at $43, reflecting ongoing momentum.
Alts follow BTC’s lead — Cardano, Avalanche, XRP, and Polkadot all show strong recovery signals.
Bitcoin and ETH rebound amid geopolitical tensions — BTC fell toward $104,800 but recovered to $105,000, while ETH dipped over 7% before bouncing back toward $2,800, reflecting cautious investor sentiment.
BlackRock’s spot ETFs break records — The IBIT fund surpassed $70 billion in AUM in less than 18 months, with over $1 billion in new inflows just this week — ETH ETFs are outperforming their Bitcoin counterparts.
Ripple, Solana, and Altcoins under pressure — XRP drops nearly 4% due to profit-taking, and SOL falls nearly 9% amid broad selloffs; meanwhile, enterprise and legislative momentum grow alongside growing worries in the market.
HYPE steals the show with a new all-time high — HYPE surges 15.5% above $42, adding a strong contrast to the weakness elsewhere — a clear sign of ongoing speculative activity.
Bitcoin drops after failing to break $110K — even amid strong macro signals.
Ethereum pulls back alongside the rest of the market, retaining upward momentum.
DOGE, SUI, ADA, LINK, TRX, and AVAX all see selling pressure after strong rallies.
Crypto’s total market cap drops by tens of billions — reflecting nervousness and a classic “sell the news” scenario.
Trump sticks to his pro-Bitcoin, pro-mining platform as 2024 race heats up.
ETH futures’ open interest reaches a multi-month high — fueling liquidation worries.
Some tokens (JUP, FET, SEI) drop much sharper — while a few outperform.
Macro signals remain constructive (strong employment, growing industry investment), but sellers are currently in control.
Analysts view weakness as a healthy correction after a strong rally — a shake-up before the next leg up.
The mood is nervous — is this a temporary shake-up or something more sinister?
🔊 RARE BITS BRINGS THE NOISE:
NEWS AND BULLSH*T - NERDS ONLY
BIG ART COMING
• $150B market, broken for decades
• Solana apps sending money in seconds
• Local off-ramps turn USDC into cash
• Dignity, speed, and sovereignty unlocked
• Solana-funded squads running local ops worldwide
• Grants → bounties → memes, apps, and IRL events
• DAO vibes, zero token — speed over structure
• Crypto’s most effective growth engine nobody talks about
• Off-chain points = regulatory loophole
• Simulates value, but can vanish anytime
• Controls user behavior without liquidity
• Airdrop chaos turns farmers into dumpers
Solana Gets Private, Scalable, and Encrypted — Thanks to Light Protocol