The Path Forward (Core Strategy Rebalance)

Name: FS Insight
Price range: $$$

Aug 5, 2024 • 6 Min Read

Author

BTC 1.74% ETH 6.90% HNT 11.53% MKR 5.47% SOL 5.78% STX N/A% COIN +3.1% CORZ -3.02% HOOD +2.03% HUT -0.4% IREN +4.27% MARA +2.62% SMLR +1.85% WULF +2.09%

What Happened

We won't spend time diving deeply into the events of the past few days as most are likely already familiar. In short, concerns about a potential domestic recession were ignited last Friday following a weak jobs report. This caused the dollar, particularly the USDJPY, to decline, triggering an unwinding of the yen carry trade and leading to widespread deleveraging across global markets. During such a global margin call, investors often sell what they can when they can to meet their obligations. Crypto, which remains open for business 24/7, makes it an accessible source of liqu...

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The Path Forward (Core Strategy Rebalance)

What Happened

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