Bitcoin makes the Barron's cover, slides below $60K

Magazine Cover Indicator fans may have at least a short-term sell signal for Bitcoin (BTC-USD) after the rallying crypto does a star turn on this weekend's Barron's cover. The underlying article by Daren Fonda and Avi Salzman is somewhat skeptical of the Bitcoin ETF excitement, noting the ProShares futures-based vehicle (NYSEARCA:BITO) may not do a great job of tracking the price of bitcoin, similar to how the popular United States Oil ETF doesn't do a great job with crude. The authors also suggest approval of an ETF that actually holds bitcoin could be a lot further off than is conventionally assumed. In other news Twitter chief Jack Dorsey appears to have gone fully orange-pilled, yesterday tweeting out that "Hyperinflation is going to change everything. It’s happening." Appearing on a Sunday show this morning, Treasury boss Janet Yellen - last seen expecting inflation to pull back by year-end - now says she sees