Surreal to see crypto pumping in this macro set up

CN
2 hours ago

Surreal to see crypto pumping in this macro set up!

Oil price up? Even my mom just texted me how diesel prices are making her nervous.

Bloomberg reported possible fuel shortages in Europe as Saudi stops exports from next month.

But it doesn't matter for crypto.

Interest rate hikes in the EU, the US and Japan?

It killed last bull run. But now? Doesn't matter.

Clarity Act failed? Doesn't matter. SEC is doing its own thing.

Crypto is emerging stronger and from a lower price base relative to equities. AI stocks' volatility is subdued. People stopped tracking KOSPI prices as well.

Coupled with years of institutional adoption of crypto, crypto looks like the place to be right now.

Ironically, even if the world looks uncertain, crypto offers an escape hatch.

Especially if you missed out on AI rally and looking for your last chance to leave the permanent underclass.


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