🚨The money rotation from other assets to crypto has officially started this week. $700B wiped out from U.S. stocks: - S&P 500: −1.60% - Nasdaq: −2.38% - Dow Jones: −1.67% Metals pulled back: - Silver: −7.70% - Gold: −1.32% Meanwhile, crypto is moving higher - Bitcoin: +7% - Total crypto market cap: +$227 billion Stocks and metals are near all-time highs, while Bitcoin is still -24% below its all-time high. When capital looks for value, it usually flows to undervalued assets, and crypto fits the narrative and still has plenty of room to catch up.
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🚨The money rotation from other assets to crypto has officially started this week. $700B wiped out from U.S. stocks: - S&P 500: −1.60% - Nasdaq: −2.38% - Dow Jones: −1.67% Metals pulled back: - Silver: −7.70% - Gold: −1.32% Meanwhile, crypto is moving higher - Bitcoin: +7% - Total crypto market cap: +$227 billion Stocks and metals are near all-time highs, while Bitcoin is still -24% below its all-time high. When capital looks for value, it usually flows to undervalued assets, and crypto fits the narrative and still has plenty of room to catch up.