Bitcoin crossed the $100,000 mark, only to slump back down on Tuesday, sparking debates about what’s next for the crypto markets. In this episode, James Seyffart and Alex Kruger are joined by Charles Edwards of quant fund Capriole Investments to break down the macro trends shaping Bitcoin’s trajectory. From Trump’s inauguration to the Fed’s looming decisions on quantitative tightening, they analyze the key factors influencing risk assets. Plus, they unpack the premium on MicroStrategy’s BTC holdings, the future of AI agents in crypto and whether AI agent swarms might someday hire humans, and their bold predictions —supercycle? SOL ETFs?—for 2025.Show highlights:Hosts:James Seyffart, Research Analyst at Bloomberg IntelligenceAlex Kruger, Founder of AsgardGuest:Charles Edwards, founder of Capriole Investments LinksCapriole Investments | Update #58MicroStrategy just bought another $100m in Bitcoin on path to $2bn spree – DL NewsWith AI Agents Now Trading Crypto, What Does Their Future Look Like? Learn more about your ad choices. Visit megaphone.fm/adchoices