According to @ReutersBiz, the Financial Times reports that UK lender Shawbrook is preparing to launch an initial public offering within days (source: Reuters Business post on X citing the Financial Times). BTC and global equities have shown elevated return correlations since 2020, implying that equity risk events can influence crypto price action during risk-on or risk-off phases (source: International Monetary Fund, Crypto Prices Move More in Sync with Stocks, 2022). Traders can monitor BTC and UK bank equity sentiment as the Shawbrook IPO timeline develops for potential cross-asset risk appetite signals based on the documented equity–crypto linkage (source: Reuters Business; IMF 2022).

According to @KobeissiLetter, US stock ownership is highly concentrated, with the top 1% of households holding 51% of equities and the top 10% holding 87%, a trend the author says was accelerated by the pandemic. According to @KobeissiLetter, the author advises investors to position accordingly before the gap widens. The International Monetary Fund reports that spillovers between US equities and crypto assets have increased since the pandemic, with BTC and broader crypto showing higher correlation to stock market moves, making equity dynamics more relevant to crypto trading decisions, according to the International Monetary Fund.