The Real War Is Monetary: What $150 Oil Could Mean for Bitcoin | The Weekly Recap, June 23

2 months ago
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Global tensions are hitting the crypto markets hard - and Bitcoin is caught in the crossfire.

This week on The Weekly Recap:
- Bitcoin crashes below $100K after the U.S. bombs Iran, wiping out $40B in 3 hours
- Goldman Sachs warns of $150 oil if Iran shuts the Strait of Hormuz
- Trump’s tariffs are shifting the global Bitcoin mining map
- Coinbase sparks backlash by sponsoring the U.S. Army’s birthday parade
- Circle’s IPO explodes 674%, raising $446M - Chamath calls it a $3B bank giveaway
- Arthur Hayes warns stablecoin copycats won't match Circle’s dominance

David and Graham unpack what actually mattered this past week in crypto, global finance, and beyond.

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