SpaceX readies $100B share unlock as Bitcoin holds above 64000.

Bitcoin trades flat above 64000 on light volume while SpaceX prepares to unlock roughly 100 billion dollars in shares. The move adds a concrete supply overhang to a market already pinned near breakeven on the MVRV metric, where holders show scant appetite either to sell aggressively or to bid higher.^[1][2] Hormuz disruption and a Fed governor’s fresh readiness to hike rates sit in the background, yet neither has shifted flows or volatility enough to break the standoff. The open question is whether the unlock coincides with any sustained bid or simply widens the range of indifference.