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When the Clarity Act stalled in Congress, the shorts expected Bitcoin to break. It dipped to $75,000 and stopped. Then came the surprise that the bill might pass after all, and Bitcoin closed its first weekly candle above its 50-week moving average in 45 weeks.
Ram Ahluwalia calls it a short squeeze, and says that doesn’t make it illegitimate. Chris Perkins sees a regime change, with institutions now underwriting crypto on fundamentals. Austin Campbell asks what happens if US retail, still missing from the Coinbase premium, shows up too.
Hosts:
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- Austin Campbell – Host of Bits + Bips, Founder of Zero Knowledge Group, and Adjunct Professor at NYU Stern
- Ram Ahluwalia – Co-host of Bits + Bips and CEO of Lumida
- Chris Perkins – Co-host of Bits + Bips and Head of Franklin Crypto
This segment is from a longer conversation on Bitcoin, the Fed, a $30 trillion debt pile, and Meta’s new AI agent. Full episode here.
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