Gold is down. 📉 Bitcoin is down. 📉 Ethereum is down. 📉 Silver is down. 📉 S&P 500 is down. 📉 Nasdaq is down. 📉 Bonds are down. 📉 Oil is down. 📉
So if nearly every major asset is falling...
Where is all the money going? 👀
The answer is simpler than most people think:
💵 Cash.
When uncertainty spikes, investors don't always rotate into another asset. Sometimes they simply sell and move to the sidelines, waiting for better opportunities.
XRP is one of the stronger assets, showing early signs of seller exhaustion. Locally, we're seeing highs being taken out, and lows are also moving higher. Bitcoin is currently holding at support, so we could see a bounce 🔥