Barclays: US economy still running hot despite global chaos.

While the world deals with geopolitical mess, US macro stays resilient. This matters for risk-on assets.

Strong economy = Fed stays hawkish longer = pressure on speculative plays. But also means liquidity isn't drying up completely.

Watch DXY and yields. If US keeps outperforming, capital flows here, not into emerging market coins or risk assets.

TLDR: Macro backdrop still favors US assets. Crypto needs to prove it can pump in this environment or wait for the next liquidity wave.