WS #14678
Cryptocurrency markets are displaying notable resilience amidst global macro volatility, with Bitcoin holding near $87,000 and posting a 10% gain in September. Spot Bitcoin ETFs have recorded over $1.7 billion in net inflows over two days, indicating strong institutional demand. This performance suggests that crypto is increasingly being viewed as a hedge against fiat currency debasement and rising Treasury yields, decoupling from traditional risk assets in the short term.
Crypto Market Resilience
Cryptocurrency markets are displaying notable resilience amidst global macro volatility, with Bitcoin holding near $87,000 and posting a 10% gain in September. Spot Bitcoin ETFs have recorded over $1.7 billion in net inflows over two days, indicating strong institutional demand. This performance suggests that crypto is increasingly being viewed as a hedge against fiat currency debasement and rising Treasury yields, decoupling from traditional risk assets in the short term.