The global backdrop, and what to watch each week..

The IMF’s January 2026 update projects 3.3% global growth in 2026 and 3.2% in 2027, a baseline that matters for risk assets, like BTC since growth expectations influence allocation behavior as much as yields do.

To track some small sets of recurring gauges,headlines matters:

The Fed’s projected destination in the SEP anchors expectations.

Stablecoin supply, plus daily and cumulative Bitcoin ETF flows, show that rotation is reaching digital rails.

Taken together, these gauges offer a cleaner way to talk about “liquidity,” and keep us anchored when the market tries to turn it into a slogan.

The better read comes from the incentives

that turn small percentages into large numbers when they meet an asset built for marginal demand.

BTC

68,454.84

+2.88%