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Here's a twist — Bitcoin couldn't hold the rebound. Stocks in the U.S. are falling, gold is rising, macroeconomic risks are accumulating as the clock on the chain counts the days of uncertainty. It seems investors are massively shifting to safer assets.
I note that such dynamics against the backdrop of overall economic tension are not just a correction. It’s a signal that the risk-off scenario is gaining strength. When stocks fall and gold rises, crypto usually follows stocks.
It’s interesting how long this will last. Time will tell whether the bulls can regain control or if macroeconomics will ultimately take over. For now, the picture is not very optimistic for risk assets.