Welcome back to another Crypto Daily 3 at 3.

How's it going, everyone? Happy Friday.

So today we're going to talk about first how Bitcoin moves from a risk asset to a safe haven,

featuring a really great little segment from Travis Kling.

Second, we're going to talk about Binance US, the new US-based, or forthcoming, I should say, US-based Binance US, the new US-based, or forthcoming, I should say, U.S.-based finance exchange disclosed

which assets it's considering and how it's thinking about it. And third and finally,

we're going to ask the all-important question, does crypto need a reality TV show? So let's start

in with number one, how Bitcoin moves from a risk asset to a safe haven.

So this is a section that actually starts the beginning of the week, right? So over the weekend,

and the beginning of the week started with news that Trump and the Trump administration were

going to impose more sanctions, or more tariffs, rather, on Chinese goods. China responded by devaluing the

yuan to its lowest level in more than 11 years. The Trump administration responded again

by labeling China currency manipulators formally in a way that hadn't been for a quarter century.

And the stock markets did not like this. The markets were down hugely on Monday.

Meanwhile, Bitcoin was surging.

Bitcoin got up to 12 and has been hanging around 12 a little bit under all week.

And so this brought up a huge amount of attention around this question of whether Bitcoin was becoming a new safe haven asset, right?

So you saw it on Yahoo Finance where they were asking this.

The Financial Times was asking this.

You see things like this article from the New York Post,

Trump-Trina trade war, a boon for Bitcoin.

It was all over, right?

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