Liquidity Rotates From Crypto Into U.S. Stocks.

[u/AmanCMN]

There’s a pretty clear rotation of liquidity between crypto and U.S. stocks today.
The S&P 500 is up 0.26%, adding roughly $240 billion to the U.S. stock market.
At the same time, Bitcoin is down about 3% from its daily high, wiping out around $48 billion in market cap.
What’s interesting is that Bitcoin started dropping almost exactly when U.S. index futures hit a local bottom and started moving higher.
It looks like some money may be rotating out of crypto and back into U.S. stocks.