Bitcoin hit $94K and the game might be changing fast
Top strategist Matt Mena from 21Shares says this ain’t retail hype—this is big money making its move. Bitcoin is being eyed as a hybrid beast: 80% gold, 20% tech.
New macro winds are here. Trump’s softer China tone, Powell staying put, and a falling dollar are flipping the tables. Institutional flows are pouring in, $1.3B in 2 days. Total market cap? Back to $3T.
$200K is now not a moonshot, but a target. The rules have changed.
Is this the start of bitcoin’s run to financial dominance?
Bitcoin ETF inflows top 500 times 2025 average
On April 22, inflows into U.S. Bitcoin ETFs reached $936 million, more than 500 times the daily average for 2025. Bitcoin ETFs, especially IBIT from BlackRock, have become the "marginal buyer" of Bitcoin since January 2024. Experts like Eric Balchunas and Andre Dragosch believe these funds are playing a crucial role in shaping trading volumes on Bitcoin exchanges, significantly impacting the cryptocurrency market.
>> AI Killed the Crypto Narrative Star <<
Lots of crypto projects still focus deeply on lore, but I'm wondering if the approach is breaking.
A few reasons:
1) LLMs are changing our preferred communication mode. They can reduce even the most complex ideas into a few grokable lines. If that becomes the norm, then it means I've got to be able to understand your protocol in a few seconds (via 1 to 2 lines of text). If I can't, I'm either going to ignore it altogether or go summarize it in an LLM anyway.
2) As crypto goes mainstream, the audience base shifts from cutting-edge tech lovers (who tend to be inspired by sci-fi-like world-building) to normie pragmatists who don't really GAF and are using your protocol for 30 seconds while they're on the toilet.
3) Just a few short years ago, crypto was so new and experimental that it required analogical thinking to educate your audience. Now, the world's up-leveled. Audiences get the crypto basics and are less likely to be suckered in by a story, buzzwords and superfluous language.
So where are we heading next? Not sure but my guess is towards a world where apps focus less on story and more on social activities and/or gamification. Less storytelling, more interaction. Would love to hear your take 👇