Small caps bleeding = alts bleeding.
Russell 2000 down 8 weeks straight. Not a coincidence your altbags are getting destroyed.
Small cap stocks = risk-on for boomers
Altcoins = risk-on for crypto degens
Same liquidity, same correlation. When TradFi risk appetite dies, alts get slaughtered. Watch the Russell if you're wondering when alt season comes back.
Russell 2000 down 8 weeks straight. Not a coincidence your altbags are getting destroyed.
Small cap stocks = risk-on for boomers
Altcoins = risk-on for crypto degens
Same liquidity, same correlation. When TradFi risk appetite dies, alts get slaughtered. Watch the Russell if you're wondering when alt season comes back.