Bridger PenningtonFund Launch & Investment Expert

Crypto’s Brutal Run: My Take on the Market, Institutions & Clarity Act 🔥

24 Jun 2026 · 2 min

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2:01

In this solo commentary, the speaker reviews the severe multi‑month crypto market decline, citing steep percentage drops across Bitcoin (‑53%), Ethereum (‑67%), large‑cap (‑85%) and mid/low‑cap tokens (‑95%). He highlights technical chart breaches, including Bitcoin falling below the historically accurate rainbow chart for only the second time and breaking its 15‑year trend line. Despite the price collapse, he argues that crypto fundamentals remain intact, pointing to rising institutional adoption and tokenization. He discusses the pending Clarity Act, noting Senator Loomis’s announcement of a July 4 floor vote that could separate SEC and CFTC jurisdiction over crypto. He cites major firms—Morgan Stanley, BlackRock, Vanguard—actively using digital assets. Drawing on the asset’s history of repeated “deaths” and recoveries, he emphasizes crypto’s extreme volatility but also its capacity for sharp rebounds, concluding with a call for viewers to stay tuned for future updates.

Chapters

Well, crypto has been hammered, especially the last 6 months, but even people that have been for 5 years or even 8 years, this is the charts you're looking at, at some multi-billion dollar type of tokens. In the last 8 months, you can see the massive decline in crypto. Here's some percentages: 53% on Bitcoin, Ethereum 67%, large caps 85%, mid and low caps down 95%. Since October 10th, Bitcoin today even dropped below the rainbow chart for the second time ever. This has been a pretty historically accurate chart. It also broke out of its 15-year trend line here. It actually dropped below that today. So is it all over for crypto? Now, as someone who is a crypto investor, I try to invest in the fundamentals of crypto. Fundamentally, nothing has changed here besides price. We're actually seeing more institutional adoption. Than ever. We are seeing more people tokenize, more people use crypto than ever before. One of the big holdups has been the Clarity Act. Now, Senator Loomis went live today on Fox Business and said July 4th, they're aiming for a floor vote. We'll see what happens. This separates the SEC and the CFTC on crypto. Huge bill if it passes. As we are seeing much more institutional adoption from Morgan Stanley, BlackRock, Vanguard, all adopting and using digital assets. as prices drop. So, you know, you go back to Warren Buffett and The Intelligent Investor. The asset prices have changed. I believe the underlying fundamentals haven't changed at all. So interesting time in crypto. Could it go lower? Sure. Could it go higher? Yes. Now, the fun thing about crypto, we've seen it die. Crypto's been dead like 10 times prior. They've had multiple drops of huge proportions. Every time it's dropped, it's bounced back to a greater degree. And the cool thing about crypto, yes, it can drop sharply down, but it also can go sharply up. Crypto is quite a volatile asset class. So follow along to stay in the loop. We'll see how we do.