Welcome back to the breakdown, an everyday analysis breaking down the most important stories in Bitcoin, crypto, and beyond.

This episode is sponsored by BitStamp and Crypto.com.

The breakdown is produced and distributed by Coindesk.

And now, here's your host, NLW.

What's going on, guys?

It is Saturday, July 18th, and this is the breakdown's weekly recap.

First of all, I hope that you've had a great week, and if you have been

enjoying the breakdown, I would so appreciate it if you would go to Apple or wherever you

listen to podcasts and rate and review this thing. It makes a huge difference to helping new

people find this show, and it makes a huge difference to me. So thanks for that in advance.

Second, this week, instead of a single topic, I want to go

kind of machine gun rapid fire through six topics that I've been thinking about this week.

You've seen bits and pieces of them throughout the shows, but I wanted to kind of just put a

little summation on them for your weekend. The first is Bitcoin Bortem and Defy action. So it has been an unbelievably non-volatile

time for Bitcoin. And I'm fine with this. I'm always more fine than I think a lot of folks with

periods of low volatility. We get antsy really fast because part of what draws people to this

space is the way that things can move so quickly. The reality is,

though, that the world is volatile right now, and so it's taking some of that volatility away from

this space in some ways. Another piece of it, though, is that markets are in this real holding pattern,

you know? I think that although we see continued growth in the kind of traditional equities markets, it's not pronounced right now.

And really, all of the numbers are mixed signals.

They're really mixed signals.

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