Big money’s actions are more honest than its words:
“Fed Governor Barr: The U.S. should prepare for the risk of ‘severe short-term disruption’ to the job market caused by AI.”
After the news came out, I asked only three questions about the money:
1. Are large orders skewed more toward buying or selling?
2. Can trading volume for $BTC (US$1.167 billion in 24 hours) continue to grow?
3. Are large amounts of funds flowing into trading platforms on-chain?
Only when all three point in the same direction can we say the news has been validated by the money; otherwise, it’s probably just a passing gust.
News backed by clear numbers carries far more weight than vague rumors.