🥛 ‘This bull run is only 8.5% done’ 🐂

··5 min read
Crypto/Web3Finance
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AI Summary

Hotter-than-expected inflation data raised odds of another Fed rate hike and briefly dropped Bitcoin to ~$82.8K, but long-term BTC holders have sold only 3.16% of supply vs 37-38% in past bull markets, suggesting the bull run is only 8.5% done. Morgan Stanley plans to support tokenized equities by Q1 2027, while Aave app deposits cross ~$30M and Data Network moves to Sui.

Key Facts

✓Inflation came in hot, pushing odds of another Fed rate hike to ~49% and dropping BTC to ~$82.8K.
✓Bitcoin long-term holders have sold only 3.16% of supply vs 37-38% in previous bull markets, implying the bull run is only ~8.5% done.
✓Morgan Stanley plans to support tokenized equities on its ATS by Q1 2027 and is building wallet infrastructure.

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