A MAJOR RISK-ON CATALYST COULD ARRIVE TOMORROW.
Treasury Secretary Scott Bessent says an agreement involving Iran and the reopening of the Strait of Hormuz could be reached within days. Oil prices have already moved sharply lower, while Dow futures jumped more than 600 points on the optimism.
Now Bitcoin faces an important test.
If BTC begins strengthening alongside equities while oil continues lower, it would support a broader risk-on move. If stocks rally but Bitcoin remains weak, that divergence could signal crypto-specific selling pressure.
Does Bitcoin follow equities higher, or continue falling behind?
#Bitcoin #Markets
$AKE
$DOGE
$SIREN
Treasury Secretary Scott Bessent says an agreement involving Iran and the reopening of the Strait of Hormuz could be reached within days. Oil prices have already moved sharply lower, while Dow futures jumped more than 600 points on the optimism.
Now Bitcoin faces an important test.
If BTC begins strengthening alongside equities while oil continues lower, it would support a broader risk-on move. If stocks rally but Bitcoin remains weak, that divergence could signal crypto-specific selling pressure.
Does Bitcoin follow equities higher, or continue falling behind?
#Bitcoin #Markets
$AKE
$DOGE
$SIREN