Today on “The Breakdown,” NLW looks at the last two days of bullish momentum and sentiment. Is it being driven by geopolitics and a broad recognition around the Russia-Ukraine war of bitcoin’s importance in a volatile world? Is it the market reacting to Do Kwon and Terra’s multibillion-dollar bid to build an asset reserve for the UST stablecoin? Or is it, like always, some combination of narrative and market structure?
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