Bitcoin’s BTC$62,850.27 lackluster performance this year has puzzled investors.Despite record highs in equities, the world’s largest cryptocurrency has struggled to regain momentum while U.S. technology stocks have surged on enthusiasm surrounding AI as it currently trades just below the $62,000 mark, down over 50% from its peak price in October.Two new outlooks from asset managers Hashdex and Charles Schwab argue the disconnect is temporary, albeit for different reasons.Samir Kerbage, chief investment officer at Hashdex, said crypto’s recent weakness says more about where investors are allocating capital than about the health of the digital asset ecosystem.”Capital follows attention and narratives,” Kerbage…

Atrocities of the Mind: Essays on Violence and Politics in the American Century, by Dwight Macdonald, edited by John Summers, University of Chicago Press, 310 pages, $25 If the mid–20th century was the nadir of American liberties and the (Caesarist) salad days of the American imperium, it was also a golden age of literary journalism whose luster was enhanced by the slashing wit of that self-described “conservative anarchist,” Dwight Macdonald. Historian John Summers has compiled 25 of Macdonald’s best essays in Atrocities of the Mind, and boy, is this ever welcome. There is a rich conservative anarchist tradition in American…

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