Crypto Scenario Insights
What happened
A key traditional finance liquidity metric has retraced to near-zero levels, suggesting a lack of immediate capital inflows into the crypto market despite historically 'cheap' valuations.
What we think
From a capital flows perspective, the relationship between TradFi liquidity indices and Bitcoin's price performance is highly correlated.
Read the analysis
Will TradFi's Liquidity Gauge Trigger the Next Major Bitcoin Cycle by 2026?
We explain what happened and what could follow. We do not forecast prices.