PANIC HIT THE MARKET

Capital kept building underneath it

$BTC dropped to $61K
$ETH touched $1.7K
Fear returned fast across crypto

At the same time:

• Vanguard crossed the $1T ETF milestone
• Alphabet expanded its $84.8B AI infrastructure bet
• Kalshi launched regulated BTC perpetuals

Price reacts fast to fear

Infrastructure positioning usually defines the next cycle

#BTC #ETH #crypto