10x Research: Cryptocurrencies and Related Stocks Are Approaching a Critical Inflection Point, Inflation Declining Faster Than Expected

According to a post by 10x Research on the X platform, cryptocurrencies and related stocks are approaching a critical inflection point, with inflation declining faster than expected and positioning having reached extreme levels. Despite earnings reports falling short of expectations, Coinbase has quietly rebounded; meanwhile, several mining companies pivoting to the AI sector are attracting billions in institutional capital and long-term infrastructure investments.

Bitcoin has stabilized after experiencing forced liquidations, with whales resuming accumulation, but key structural risks remain unresolved. Concurrently, the decline in U.S. Treasury yields and the shift in market interest rate expectations are altering the broader macroeconomic environment.

To optimize its capital structure and reduce direct equity dilution, MicroStrategy announced that future acquisitions will prioritize the use of perpetual preferred stock over common stock. MSTR still faces pressure, with unrealized losses reaching $4.8 billion.