Someone just pointed out something worth thinking about — amid all the noise, it's basically the stock market and retirement portfolios that are genuinely climbing hard right now.

Think about it. Traditional equities are having their moment, 401(k)s are ballooning, yet crypto markets remain relatively flat or volatile compared to the mainstream rally. It raises an interesting question: are institutional flows going back into traditional assets? Or is this more about market cycle dynamics?

The takeaway? When legacy finance starts running, it pulls capital away from alternative markets. Worth watching how this plays out as we monitor both the traditional and crypto landscapes heading into 2025.