30-year mortgage rate just spiked to 7.60% — highest since Trump took office.
For context: under Biden it peaked at 7.94% in Oct 2023.
Mid-terms in 6 weeks. Housing market getting crushed, liquidity tightening, and traditional finance is feeling the squeeze.
This is why crypto narratives around inflation hedges and decentralized finance keep gaining traction. When TradFi bleeds, people look for alternatives.
Watch how this plays into Fed policy and risk-on sentiment. If rates stay elevated, expect more capital rotation into digital assets as the "escape valve" trade.
For context: under Biden it peaked at 7.94% in Oct 2023.
Mid-terms in 6 weeks. Housing market getting crushed, liquidity tightening, and traditional finance is feeling the squeeze.
This is why crypto narratives around inflation hedges and decentralized finance keep gaining traction. When TradFi bleeds, people look for alternatives.
Watch how this plays into Fed policy and risk-on sentiment. If rates stay elevated, expect more capital rotation into digital assets as the "escape valve" trade.
