Interesting twist to kick off what's typically been a bullish month for markets. Both traditional equities and crypto assets took a hit right out of the gate. The correlation between Wall Street and digital assets continues to tighten, reminding us that macro forces don't discriminate. Worth watching how this plays out over the coming weeks.
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BtcDailyResearcher
· 13h ago
Damn, a fall at the beginning of the month? This time TradFi and the crypto world are really tied together.
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NullWhisperer
· 13h ago
macro forces hitting everything equally... tbh wasn't expecting the correlation to tighten *this* much. theoretically speaking, there's gotta be some exploitable inefficiency gap somewhere before they fully converge. let's see if anyone actually finds it before the next cascade.
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SocialAnxietyStaker
· 13h ago
With a macro punch, both traditional and the crypto world have knelt down; the correlation is truly becoming more and more absurd.
Interesting twist to kick off what's typically been a bullish month for markets. Both traditional equities and crypto assets took a hit right out of the gate. The correlation between Wall Street and digital assets continues to tighten, reminding us that macro forces don't discriminate. Worth watching how this plays out over the coming weeks.