When Wall Street "Swallows" Crypto Market Cap in a Single Session$2.6 quadrillion. That is the nominal value of S&P 500 options contracts traded this past Wednesday alone.


In fact, this figure is nearly equivalent to the total global crypto market capitalization ($2.73 trillion). Few notice that Wall Street only needed one day to place bets equal to the combined value of thousands of digital assets.
This event marks a significant turning point in market structure: Bitcoin no longer operates as a separated "oasis." The correlation between BTC and the S&P 500 is returning to the highest levels seen in 2023.
Looking at the big picture, Bitcoin's surge from under $70,000 to over $80,000 since early April is not necessarily due to internal industry news. It is a direct result of the frantic speculative capital flowing into high-beta assets as U.S. stocks soar.
The question is: Can Bitcoin sustain its momentum if the Wall Street options "money machine" abruptly stops?Do Your Own Research (DYOR). #WallStreet $BTC
BTC1.02%
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