Why are U.S. stocks rising while $BTC is falling?

It's not about the fundamentals, it's not about macroeconomic factors, and it's not even about the direction of the S&P 500.

There is only one real answer: "leverage"

In just 4 hours, the cryptocurrency market lost $136 billion in value.

Why are U.S. stocks unaffected while crypto is crashing?

The core reason: the cryptocurrency market has been distorted by "extremely high leverage."

$ETH $BNB #美国非农数据超预期 #巨鲸动向 #加密市场观察 #美联储降息