Crypto Scenario Insights
What happened
US and Canadian investors hold nearly 60% of their financial assets in equities, surpassing levels seen before major historical bear markets.
What we think
The most likely outcome is a period of choppy, highly correlated trading (50% probability) where crypto remains tethered to US equity performance, experiencing high-volume drawdowns whenever macro shocks hit.
Read the analysis
US Equity Exposure Near Historic Highs — Will a Stock Correction Drag Crypto Down?
We explain what happened and what could follow. We do not forecast prices.