This week seems like a really fast-paced game. A geopolitical cloud that has been hanging over the cryptocurrency market since the end of February has only begun to lift, in part. Markets are pricing in a pause for the Federal Reserve's next meeting on Tuesday and Wednesday.
Last Friday, a small sliver of institutional investment in Bitcoin ETFs began to reappear after a seven-week absence. While there is no resolution this week, there is a new stress test.
The Macro Frame: Iran Deal Changes the Calculus

