
The episode discusses Bitcoin's recent performance, gas prices influenced by the situation in Iran, and the implications of the April jobs report on the economy.
Bitcoin had a nice April, will it continue The cryptocurrency gained 12.7% last month, marking its best performance since April 2025. Interestingly, according to CryptoQuant, the 30-day change in outright Bitcoin purchases remained negative throughout April. That suggests the rally wasn’t driven by strong spot demand. Instead, much of the momentum came from something called perpetual futures. Until recently, I wasn’t very familiar with this product, but at its core, it’s another tool that increases risk. Unlike traditional options, these derivative contracts have no expiration date and are designed to let traders speculate on the price movements of an underlying asset… When Will We See Gas Prices Come Back Down? No one can predict exactly when gas prices will decline, but many are aware the current prices are being driven higher by the situation with Iran. At this point, the bombing appears to have ended, but much of the country remains heavily damaged. Estimates suggest it could cost Iran nearly $300 billion to rebuild what has been destroyed. The situation has shifted to one in which Iran is slowly being weakened economically because little to no oil is being exported from the…
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