Embracing a Long-Term Perspective: Insights from Crypto Daybook Americas

As reported by Francisco Rodrigues (all times are in Eastern Time unless otherwise specified), Bitcoin is currently trading around $91,300, having experienced a decline of over 2.2% within the past 24 hours. This performance surpasses the broader crypto market's 3.2% drop, as indicated by the CoinDesk 20 index. The current economic landscape is complex, with the prolonged U.S. government shutdown causing delays in key labor reports, although numerous layoff announcements are dominating headlines as companies increasingly adopt AI to reduce costs. The Federal Reserve's preferred inflation gauge, personal consumption expenditure, is scheduled for release later today, aligning with older data. Institutional signals, however, appear to be supportive. This week, Vanguard initiated access to crypto ETFs, Bank of America authorized wealth advisors to recommend allocations of up to 4% of portfolios to digital assets, and Charles Schwab announced plans to offer Bitcoin and Ether trading in early 2026. Furthermore, the Federal Reserve is anticipated to cut interest rates this month, a move likely to support risk assets. From a longer-term perspective, Bitcoin reached a high of $94,000 this week and remains in the green after dropping to a low of $80,600 in November. According to Lewis Harland, a portfolio manager at Re7 Capital, 'the crypto markets have staged a sharp rebound after a 35% drawdown, right in line with the major shakeouts we've seen throughout this bull cycle.' Harland added, 'Bitcoin's move back into the $92–93k region highlights strong dip-buying interest, and we're now in the kind of consolidation zone that typically precedes a resumption of bullish momentum.' However, this resumption may be elusive for the time being, as traders are shifting towards stablecoins and seeking yield rather than holding spot tokens, as stated by Syndicate co-founder Will Papper. Papper noted, 'at the same time, this is also a sign of market maturity: a switch into yield strategies is a switch into long-term thinking.' He further emphasized, 'yield strategies open crypto up to a larger part of portfolios than risk assets alone.' Papper concluded, 'the reduction in leverage after October is a sign that either the users or the market will force more long-term mindsets.' Stay informed. For an in-depth analysis of today's activity in altcoins and derivatives, refer to Crypto Markets Today. Key events to watch include those listed in CoinDesk's 'Crypto Week Ahead.'