Stagflation Shockwave Hits Markets—Bitcoin and Stocks Stumble Out the Gate
Ugly economic data throws cold water on risk assets as U.S. trading opens. Bitcoin’s correlation to traditional markets rears its head again—just when crypto maximalists thought they’d decoupled.
Wall Street’s ’soft landing’ narrative takes another hit as inflation refuses to play nice with growth indicators. Meanwhile, crypto traders shrug and buy the dip—because what’s another 10% volatility when you’ve survived 80% drawdowns?
Funny how ’macroeconomic headwinds’ only matter when VIX spikes and hedge funds need scapegoats. The algorithms will panic-sell anyway—just like they’re programmed to do.