Treasury Just Flipped the Setup for BTC & Gold w/ Kris Bullock & Bijan Maleki | Trading the Markets Aug. 19, 2026

Bijan Maleki and Kris Bullock are back to break down a potentially important shift in the macro setup for crypto. With the U.S. Treasury stepping up long-dated bond buybacks, long-end yields are falling and the dollar is weakening - conditions that could become increasingly supportive for bitcoin, gold, and other risk assets. Kris also digs into PUMP, which has recently overtaken Hyperliquid in 30-day protocol revenue, and explains why he’s considering adding it to the Real Vision model portfolio. They compare the setup with HYPE, run through the usual crypto charts, and look for the strongest opportunities across the market. 👉 Have a question for Kris? Join the live show every Monday at 1pm ET in the RV Discord. Register here: https://discord.gg/FTQsrUhD9Z. 🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3YOZZUe Timestamps: 00:00 - Why Crypto Is Surging: Treasury Buybacks & Falling Yields 02:04 - Treasury Buybacks, the Dollar & Bullish Financial Conditions 03:00 - SEC & CFTC Crypto Policy: What Happens Without the CLARITY Act? 04:02 - Crypto’s Biggest Short Squeeze in Years 07:39 - ETF Flows & U.S. Crypto Demand Show Signs of Life 10:54 - Bitcoin Rally: Is a Trend Reversal Starting? 13:59 - Ethereum, Solana & Sui: Which Crypto Is Leading? 17:41 - Hyperliquid Rebounds as HYPE Flips Bullish 18:35 - PUMP Beats Hyperliquid on Crypto Revenue 22:10 - Ansem’s Solana Launchpad & the Meme Coin Economy 26:20 - Venice & Morpho: Crypto’s Relative Strength Leaders 29:40 - PUMP, Morpho or Bitcoin? Kris Eyes His Next Trade 32:41 - Robinhood Chain: The New Crypto Ecosystem to Watch 42:28 - Zcash & Monero Break Out as Privacy Coins Rally 46:51 - Ondo, Aerodrome & the DeFi Tokens to Watch Learn more about your ad choices. Visit podcastchoices.com/adchoices