Bitcoin is overpricing retail participation

Builders and treasuries should track cross-exchange spreads even when social feeds obsess over order-book depth.

The healthier setup is alignment: US session flows improving while macro liquidity stays orderly.

That debate sits next to today’s market focus around “Canton Coin Rises After SEC Classifies It as a Digital Commodity.”

Better questions beat louder opinions when regimes shift.

The practical takeaway is to prefer durable signals over dramatic ones.

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