Why is everything down? Macro shock turns Bitcoin and other risk assets red across the board
Equity screens present a broad red, with the S&P 500 down round 1.8% and the complete crypto market below strain concurrently. What seems to be an unexplained wipeout is, in actual fact, a layered transfer pushed by rate of interest expectations, crowded positioning in tech and AI names, and a shift in world risk urge…
