BTC spot premium has sharply declined over the past week, with selling pressure mainly coming from USD spot supply, with 80% from institutional investors and ETFs on Coinbase...


So it's not that you want to transfer funds to US stocks, but that everyone, including some institutional holdings, can't hold back anymore...
This feels very much like early 2020, when BTC also rebounded and rose, but was nowhere near as strong as the daily new highs of US stocks...
BTC-1.17%
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