The market in the past few days is even colder than the winter of the twelfth lunar month!
Trump's tariff threats, the Greenland dispute, and problems in the Japanese bond market have all put pressure on risk assets, and the crypto market is just the unfortunate target that got hit.
Gold has reached new highs, silver is still rising, but the crypto market keeps falling; this indicates that when macroeconomic control is lost, the market still views crypto as a risk asset.
Big money should certainly stay away from high risk, at least for now!
