Bitcoin's Battle at $110,000 & Weathering Crypto Volatility

Market Overview - Bitcoin has experienced significant volatility, with a recent drop from 122,000 to 104,000, struggling to maintain the 110,000 level [3][4] - The year started with Bitcoin priced just under 100,000, and it is currently up 17% year-to-date, while the broader market is slightly below that [5] Investment Sentiment - Traders are becoming aware that Bitcoin's market structure is not as robust as previously thought, leading to concerns about its volatility compared to traditional equities [2] - There is a psychological significance to the 100,000 level for Bitcoin, which traders are closely monitoring [4][5] Company Insights - Inversion is a private equity fund focused on acquiring businesses that can leverage blockchain technology to enhance operations, similar to how the internet was adopted over the past 25 years [7] - The company emphasizes the practical applications of blockchain, such as using stablecoins to reduce payment processing fees and improve cash conversion cycles for businesses like restaurants [9][10]