WARTIME ETHEREUM - BLITZKRIEG

Summary from the TLDR Crypto newsletter

Bitcoin's potential close above $74,200 on August 23 would mark the largest weekly dollar gain in its history, with the 4-hour RSI hitting an all-time high. Paul Tudor Jones raised his IBIT position 18.9% to 688,529 shares ($22.9M) as of June 30, Citigroup announced plans to launch Bitcoin custody services before year-end, and VanEck's leadership directed staff to accumulate rather than wait for lower prices. Jeff Park's July 8 call for an AI-to-crypto rotation has since drawn named institutional capital into the trade, with Stanley Druckenmiller rotating out of memory stocks into former Bitcoin miners. Ethereum outperforming Bitcoin in this environment points to the early stages of a broader altcoin rotation.