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Hey, quick crypto wrap-up for today. Bitcoin just punched back above $70k after that tense Iran situation cooled off with the ceasefire vibes helping risk assets breathe again. On top of that, Morgan Stanley finally dropped their spot Bitcoin ETF (ticker MSBT) super low fees at 0.14%, going head-to-head with BlackRock’s giant. Whales and institutions are piling in while retail’s still sitting on the sidelines.
Meanwhile, the New York Times dropped a massive piece basically pointing at Adam Back as Satoshi Nakamoto based on writing styles, old emails, and cypherpunk history. Back immediately shut it down with a firm “I’m not Satoshi.” Classic crypto drama that the market mostly shrugged off. Overall sentiment is still cautious but the big boys are clearly positioning for whatever comes next. #GateSquareAprilPostingChallenge #CryptoMarketRecovery