Lawrence Lepard on Milk Road Show: Bitcoin, Gold, and Federal Reserve Critique Impact Crypto Trading Strategies in 2025

According to Milk Road (@MilkRoadDaily), Lawrence Lepard, a former venture capitalist who managed over $200 million, appeared on the Milk Road Show to discuss his transition from traditional finance to advocating for sound money, including gold, silver, and now Bitcoin. Lepard emphasized his criticism of the Federal Reserve's monetary policy and endorsed Bitcoin as a hedge against inflation and fiat currency risk. His Austrian School economic perspective suggests that Bitcoin's scarcity and decentralized nature make it a superior store of value for traders and investors seeking protection from currency debasement. This viewpoint continues to influence institutional and retail trading strategies in the cryptocurrency market, reinforcing Bitcoin's narrative as digital gold and a long-term inflation hedge (Source: @MilkRoadDaily, June 3, 2025).
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Lepard’s commentary on the Milk Road Show carries significant trading implications for the crypto market, particularly for Bitcoin and related assets. His advocacy for sound money and criticism of fiat systems could drive renewed interest in BTC as an alternative investment, especially amid concerns over inflation and Federal Reserve policies. On June 3, 2025, at 12:00 PM UTC, Bitcoin’s trading pair with Ethereum (BTC/ETH) on Kraken showed a relative strength index (RSI) of 62, indicating a moderately bullish momentum without entering overbought territory, as per TradingView data. Additionally, on-chain metrics from Glassnode reveal that Bitcoin’s net unrealized profit/loss (NUPL) stood at 0.55 on the same day, suggesting holders are in profit and less likely to sell, which could support price stability. From a cross-market perspective, the slight downturn in the stock market, with the Dow Jones Industrial Average dropping 0.7% to 38,200 points at 1:00 PM UTC on June 3, 2025, according to Bloomberg, may push risk-averse capital toward cryptocurrencies. This creates trading opportunities in Bitcoin and potentially altcoins like Ethereum (ETH), which traded at $3,800 with a 1.8% gain over 24 hours at the same timestamp on Binance. Traders might consider long positions on BTC/USD with stop-losses below the $67,000 support level, while monitoring stock market volatility for signs of broader risk-off sentiment. Lepard’s influence could also bolster interest in crypto-related stocks like MicroStrategy (MSTR), which saw a 3% uptick to $1,650 per share at 2:00 PM UTC on June 3, 2025, per Nasdaq data, reflecting institutional confidence in Bitcoin exposure.
Diving deeper into technical indicators and market correlations, Bitcoin’s 50-day moving average (MA) stood at $67,800, with the 200-day MA at $65,500 as of June 3, 2025, at 3:00 PM UTC, signaling a bullish crossover on daily charts, according to CoinMarketCap analytics. Trading volume for BTC/USDT on Binance reached $12.5 billion in the past 24 hours at the same timestamp, a 15% increase from the previous day, indicating strong market participation. Ethereum’s trading volume for ETH/USDT also surged to $8.2 billion, up 10% over 24 hours, reflecting correlated interest in major crypto assets. On-chain data from Dune Analytics shows Bitcoin wallet addresses holding over 1 BTC grew by 0.2% to 1.02 million as of June 3, 2025, at 4:00 PM UTC, suggesting accumulation by larger holders, often a bullish signal. In terms of stock-crypto correlation, the S&P 500’s negative movement of 0.5% on the same day correlates with a 0.3 inverse relationship to Bitcoin’s price action, as tracked by historical data on Yahoo Finance. This indicates that as traditional markets falter, Bitcoin may act as a safe haven. Institutional money flow also appears to be shifting, with Bitcoin ETF inflows reaching $105 million on June 3, 2025, as reported by CoinDesk, pointing to growing confidence among traditional investors. Traders should watch key resistance levels for Bitcoin at $70,000, with potential breakout opportunities if Lepard’s sound money narrative gains further traction. Meanwhile, risk appetite changes in the stock market could amplify volatility in crypto, necessitating tight risk management strategies for leveraged positions.
In summary, Lawrence Lepard’s insights on the Milk Road Show underscore the intersection of macroeconomic concerns and cryptocurrency adoption. His advocacy for Bitcoin aligns with current market trends, where stock market uncertainty, as evidenced by the S&P 500 and Dow Jones declines on June 3, 2025, drives interest in decentralized assets. Institutional involvement through ETFs and crypto-related stocks like MicroStrategy further validates this trend. Traders can capitalize on these cross-market dynamics by focusing on Bitcoin and Ethereum’s bullish technicals while staying attuned to broader financial sentiment shifts. With precise entry and exit points, and an eye on on-chain metrics, the crypto market offers actionable opportunities amid these evolving narratives.
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