WS #16985
Macro indicators are flashing distress signals, with UK house prices falling at their steepest rate in three years, contradicting prior expectations of stability. Concurrently, US spot Bitcoin and Ether ETFs recorded $530 million in outflows as Bitcoin dropped below $76,000. This liquidity drain from alternative assets underscores a broad retreat from risk, with investors moving to cash or defensive positions amid equity volatility.
Macro Distress and Crypto Outflows
Macro indicators are flashing distress signals, with UK house prices falling at their steepest rate in three years, contradicting prior expectations of stability. Concurrently, US spot Bitcoin and Ether ETFs recorded $530 million in outflows as Bitcoin dropped below $76,000. This liquidity drain from alternative assets underscores a broad retreat from risk, with investors moving to cash or defensive positions amid equity volatility.