When the broader environment shifts, capital moves first.
“As the yield on 10-year U.S. Treasuries fell sharply from around 5.22% to 5.2063% in the short term, Fed Vice Chair Williams said there would be no need to raise rates in 2027.”
When the macro outlook cools, large investors often deleverage first. Watch for signals such as large transfers to exchanges and ETF outflows.
$BTC —let’s see how things play out.