Despite a significant increase in global liquidity to $147 trillion, funds are still primarily flowing into the cryptocurrency market, which has evaporated over $1.37 trillion in value in just 79 days. Investors are favoring traditional safe-haven assets such as gold and stablecoins, with the market capitalization of stablecoins rising 2% to $30.8888 billion. While adjustments by regulators to the enhanced supplementary leverage ratio (eSLR) may release bank capital for risk assets like Bitcoin, the current negative values of the financial stress index suggest that now is not an ideal time to accumulate cryptocurrencies.