Crypto News: BTC $100K? Altcoin Breakout, SUI & TAO Pump, TRUMP & More

"So, do you think we're going to go above 100k? Will we be will we be wearing our 100k hats for next week's stream?"

"The correlation has fallen to 33%. So correlation with equities is down a lot. And then the correlation between Bitcoin and gold has risen to 76%. So if factor from the data there, that's decoupling. Now it's it's still only, you know, a week in, but so far it's looking good. This is a trend we would definitely like to see uh like to see lengthen out, I think."

"So I think we could start be seeing the green shoots of a decoupling."

"Um, so yeah, to see that metric go up is I think extremely bullish for Suie."

"It's got that sticking power up to $2 potentially speculative mine."

"And of course, you know, if the the more integrated that XRP becomes, either, you know, whether it's especially via um via XRP, sorry, RLUSD, you know, that potentially unlocks so much liquidity because there is so much money tied up in in XRP's market cap."

"So, we'll see. Yes. So, I think with with XMR, it could be a case of what goes up will probably come down again fairly quickly."

"Do you think we're going to go above 100k? Will we be will we be wearing our 100k hats for next week's stream? This week I don't it will let's see if it closes above 95k? Strong chance to get there."

"The network itself hit some fairly big milestones as well, surpassed 500 million transactions, a 7% rise in user adoption, over 1.5 billion in TVL, and yeah, and nearly $900 million in stable coin market cap as well."

"There's 21 million TOAO like there are 21 million BTC. There's also a har there's also h havinging events. The first tow hing I believe is I I don't think it's till next year. Might be January next year."

"Now Ave has added support for Ripple's RLUSD stable coin and that's important because it's it's means the XRPL EVM side chain will soon be able to launch and integrate with Ave and uh obviously more use cases for the XRP EVM side chain."

"Apparently there was a massive massive Bitcoin hack according to Zack XBT of I believe about $300 million worth $300 million worth of the Bitcoin. Yeah. And the hacker is attempting to launder all of this Bitcoin through exchanges by buying XMR which is of course Monero."

"I got to say I don't think it is. And in fact, what I think we're seeing evidence of here is something that we've discussed on the show a few times before and I think for, you know, for my money is probably the new sort of market paradigm that we're in right now is that we're seeing certain altcoins, certain niches in some case outperform the rest of the market. the rest of the market stays pretty much flat or continues to go down and we get these rather short-lived localized pumps which I think will probably run out of steam fairly quickly."

"First one at 8:30 a.m. Eastern time. We've got the Q1 US GDP numbers. This is very important. The previous one was 2.4% and this one we're expecting, the economists are expecting 0.4%."

"And then on uh the same time at 10:00 a.m. we've got um same day we've got the PCE numbers. So this is the Fed's preferred inflation measure, the personal consumption expenditures index. 2.5% previous, 2.2% expected."

"May 1st, 8:30 a.m. Eastern time. Initial jobless claims. 222K previous versus 226K expected."

"May 2nd, 8:30 a.m. EST, non-farm payrolls, 228K previous versus 130K expected."