1. BTC = Digital Gold/NASDAQ Hybrid
🔹Bitcoin is behaving like a cross between gold (flight to safety) and tech stocks (risk-on). With gold up and NASDAQ shaky, BTC is in the “sandwich zone”—stable, but supported.
🔹Add to that: $MSTR inflows are acting as indirect Bitcoin buys, creating artificial support.
2. #Alts Reacting to Macro Liquidity Hopes
🔹Despite tariffs hitting equities, QE and rate cut speculation is back. Alts, being hyper-risk assets, tend to front-run liquidity optimism.
🔹Plus: Tariffs don’t directly hurt crypto, so alts get a “clean escape” narrative.
3. Retail vs Institutional Divergence
🔹Institutions dumped equities on tariff fears, but retail flooded in, buying the dip at record levels.
🔹Since alts are retail-dominated, they stayed buoyant while institutions fled elsewhere.
4. Structural Dry Powder + ETF Flows
🔹Spot #BTC ETF inflows continue, slowly draining supply.
🔹Many funds still underweight crypto after 2022. Any positive macro hint reactivates sidelined capital.
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Psychological Anchoring
After the 2022–23 bear market, crypto natives are less reactive to macro shocks, having normalized volatility. Meanwhile, Wall Street i
s still adjusting to the new paradigm.
