When the broader environment changes, capital is the first to react.
“Federal Reserve Bank of New York: Trump’s tariffs drove up prices for 67 categories of goods”
When the macroeconomic outlook is relatively favorable, incremental capital is more willing to allocate to risk assets. Watch to see whether stablecoin issuance and net ETF inflows keep pace.
Keep a close eye on $BTC .

#BTC

This is a personal perspective and may not be accurate. Please assess it rationally.