Market Insights
A recurring market-commentary column tracking price action, capital flows, and the macro-to-crypto signals that shape each cycle.
Market Insights
A recurring market-commentary column tracking price action, capital flows, and the macro-to-crypto signals that shape each cycle.
Market Insights | Issue 20
2026-09-07
Market Insights | Issue 1
2026-09-01
Market Insights | Issue 18
2026-09-01
Market Insights | Issue 17
2026-09-01
Market Insights | Issue 16
2026-09-01
Market Insights | Issue 15
2026-09-01
Market Insights | Issue 14
2026-09-01
Market Insights | Issue 13
2026-09-01
Market Insights | Issue 12
2026-09-01
Market Insights | Issue 11
2026-09-01
Market Insights | Issue 20
A Fed governor said his statements are conditionals, not commitments. The market priced the commitment anyway, and the next morning's payrolls took it back.
2026-09-07
Market Insights | Issue 1
Bitbase Research Market Insights, inaugural edition (Apr 6–12): Morgan Stanley debuts the first major US bank spot Bitcoin ETF, MSBT, at a 14bp fee.
2026-09-01
Market Insights | Issue 18
Oil broke $90 upward, the 30-year hit a 19-year high, and bitcoin still had its best week since 2023. The chain ran forwards and the last link disobeyed again.
2026-09-01
Market Insights | Issue 17
Oil broke $90 on day one and the hike bid went with it. The Fed held 9-3, July CPI cooled, and money funds refilled. Bitcoin fell anyway.
2026-09-01
Market Insights | Issue 16
Brent topped $100 and July hike odds tripled to 38%. The ETF streak hit seven days then broke on IBIT's largest-ever outflow. Money funds fell a second week.
2026-09-01
Market Insights | Issue 15
Bitbase Market Insights Issue 15 (July 13-19, 2026): June CPI cooled to 3.5% and lit a relief rally, but the energy slump behind it reversed the same week.
2026-09-01
Market Insights | Issue 14
Bitbase Market Insights Issue 14 (Jul 6-12, 2026): the spot-Bitcoin-ETF outflow turn broadened with BlackRock back in front, as Strategy sold bitcoin.
2026-09-01
Market Insights | Issue 13
Bitbase Market Insights Issue 13 (Jun 29-Jul 5, 2026): a cold jobs report and a dovish Fed chair drove Bitcoin back above $63,000 in a V-shaped recovery.
2026-09-01
Market Insights | Issue 12
Market Insights Issue 12: Bitcoin breaks below $60K to a 20-month low as a hot May PCE validates the Fed's hawkish pivot and spot-ETF outflows extend.
2026-09-01
Market Insights | Issue 11
Bitbase Research Market Insights 11: Warsh's hawkish Fed hold flipped the dot plot to a hike and spot BTC ETFs bled −$227.5M, gating any BTC bottom.
2026-09-01