It is possible that winter has stopped. Well, the markets have stabilized after Friday's collapse of the “technical relief bounce" amid the oil pullback and expectations of the US CPI. Crypto continues its flow-driven recovery.
Growth drivers: The oil shock is canceled: the market has bought the “Iran-USA negotiations".
Ormuz traffic has been partially restored. Bitcoin ETF: +$167 million On March 9, the inflow trend continues.
The crypto market demonstrates structural stability against the background of equity risk-off. Strategy Bought Another 17,994 for $1.3 billion BTC.
Quite interesting points here. The ETF inflows and large institutional purchases definitely suggest confidence is still present in the market despite the broader risk-off sentiment.
What I find interesting is how resilient crypto especially Bitcoin has been during macro uncertainty.
Do you think this stability is mostly driven by institutional demand now, or are we still seeing strong retail participation behind the scenes? Because I believe there is a whole lot going on behind the scene
