Good morning.
Bitcoin is holding its ground, but the rest of the board is not.
Bitcoin rebounded above $83,000 while Korean stocks and Nasdaq futures tumbled.
Yet the altcoin tape is not following BTC's lead.
Regime check:
• Below EMA
• Greed at 57, down from 69 yesterday
• BTC steady while SOL and XRP absorb the weakness
Total market cap is down 2.9% on the day, but BTC is nearly flat. Today's pressure looks concentrated in higher-beta names, with US CPI data still ahead.
Question now:
Does BTC's decoupling spread to the rest of the market...
or do the weaker alts drag it back down?
XRP Coffee Break later ☕
$BTC
Bitcoin is holding its ground, but the rest of the board is not.
Bitcoin rebounded above $83,000 while Korean stocks and Nasdaq futures tumbled.
Yet the altcoin tape is not following BTC's lead.
Regime check:
• Below EMA
• Greed at 57, down from 69 yesterday
• BTC steady while SOL and XRP absorb the weakness
Total market cap is down 2.9% on the day, but BTC is nearly flat. Today's pressure looks concentrated in higher-beta names, with US CPI data still ahead.
Question now:
Does BTC's decoupling spread to the rest of the market...
or do the weaker alts drag it back down?
XRP Coffee Break later ☕
$BTC