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🚀 SPACEX’S REBOUND COULD BE A SIGNAL FOR CRYPTO
Nearly 912 million SpaceX shares were unlocked, and many market participants expected the event to create significant selling pressure.
Instead, the reaction was surprisingly strong.
SpaceX bounced sharply as selling from employees and early investors appeared more limited than feared. At the same time, fresh demand and short covering helped push the recovery even further.
Strong business momentum and continued optimism around AI also supported sentiment.
But here’s the part that matters for crypto. 👀
Wall Street and crypto are becoming increasingly connected through the same global pool of liquidity.
If investors continue showing strong appetite for high-growth and high-beta assets, that risk-on sentiment could eventually spill over into crypto as well.
The real question is whether this strength can spread beyond equities and become a broader liquidity rotation.
#AIMemorySelloffEases
#BTCETHETFInflowsReturn
#SpaceXShortCovering
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