We love the myth that $BTC acts as an autonomous fortress against central bank whims.
In reality, both $BTC and $ETH trade like high-beta assets that buckle whenever the Fed drains global liquidity. This proves crypto remains shackled to the exact same dollar-denominated discount mechanisms as the stock market.
#crypto #RatesAndCrypto #OnChain
In reality, both $BTC and $ETH trade like high-beta assets that buckle whenever the Fed drains global liquidity. This proves crypto remains shackled to the exact same dollar-denominated discount mechanisms as the stock market.
#crypto #RatesAndCrypto #OnChain
