This could be massive for crypto. đ
The Russell 2000 just recorded its highest weekly close in history, while the U.S. stock market added roughly $2.8 trillion in value.
Why does this matter for crypto?
Historically, strong performance in the Russell 2000 has coincided with major moves in $ETH and altcoins, including during the 2017 and 2021 bull markets.
If this trend continues, we could be seeing the early stages of a broader risk-on rotationâand crypto could eventually benefit.
The question is: how long until that liquidity finds its way into Bitcoin and altcoins? đ
$SKYAI $CYS
The Russell 2000 just recorded its highest weekly close in history, while the U.S. stock market added roughly $2.8 trillion in value.
Why does this matter for crypto?
Historically, strong performance in the Russell 2000 has coincided with major moves in $ETH and altcoins, including during the 2017 and 2021 bull markets.
If this trend continues, we could be seeing the early stages of a broader risk-on rotationâand crypto could eventually benefit.
The question is: how long until that liquidity finds its way into Bitcoin and altcoins? đ
$SKYAI $CYS