Bitcoin Just Hit a 3-Month Low While Wall Street Goes All-In on Crypto

John Gillen joins Kyle Reedhead and Martin to assess Bitcoin’s slide toward the 200-day moving average and whether the market has found a durable bottom. They weigh Bitcoin’s relative resilience against the sharper moves in stocks and altcoins, while examining liquidity, macro uncertainty, and a potential end to geopolitical conflicts as catalysts for risk assets.

The discussion then turns to the accelerating push for tokenized stocks, including new offerings from major crypto exchanges and the role of Uniswap in routing trades. The group analyzes Securitize’s improving revenue, institutional relationships, lack of profitability, and expansion into credit, while asking where value will accrue as more assets move onchain.

They also examine the New York Stock Exchange’s choice of Avalanche for settlement and debate whether blockchains, DeFi protocols, tokenization providers, or consumer-facing exchanges stand to benefit most. Their central takeaway: tokenization is advancing through a series of smaller integrations, but distribution and access to users may determine the biggest winners.