Japan's stock market is falling, French ten-year yields hit 5% for the first time since 2002, Chinese stocks are on an eleven-week losing streak, pending US home sales are at a record low and the weakest corporate borrowers are paying almost 18%. Bitcoin has spent the week between $80,000 and $84,000 with its 28-day volatility down near 1.2%, close to the lowest of the year. Scott Melker's argument is that an asset doing nothing while everything else convulses is the whole reason to own some of it. He also covers two critical PHP flaws, Tesla's untouched Bitcoin, and the first GENIUS Act rules. Timestamps 0:00 Seven markets breaking at once 1:37 France, China, Japan, housing and the junk bond market 4:07 Bitcoin volatility falls to near its lowest of the year 4:37 Why an uncorrelated asset is worth owning 6:26 Two critical PHP flaws put millions of websites at risk 8:29 The Railway breach and $371,000 in stolen crypto 9:36 Tesla holds all 11,509 Bitcoin and books a $224 million gain 10:11 A Tesla and SpaceX merger would combine 30,221 Bitcoin 11:03 The OCC writes the first GENIUS Act stablecoin rules 12:52 Standard Chartered buys out Zodia Custody #Bitcoin #Volatility #GlobalMarkets #Tesla #Stablecoins #DailyWolf #YahooFinance == AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors. 👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571