According to @KobeissiLetter, the S&P 500 extended gains after the Federal Reserve cut rates by 25 basis points and now sits less than 60 points from a new all-time high, source: The Kobeissi Letter on X, Dec 10, 2025. With research showing Bitcoin’s correlation with U.S. equities has risen since 2020, crypto traders are watching for spillover into BTC and ETH price action as risk sentiment improves, source: International Monetary Fund, Crypto Prices Move More in Sync With Stocks, Jan 2022.

According to @BullTheoryio, silver just broke $59 for the first time ever, marking a new all-time high (source: @BullTheoryio). According to @BullTheoryio, silver is up 100% in 2023 and has added $1.68 trillion to its market capitalization (source: @BullTheoryio). According to @BullTheoryio, the current precious metals rally is being driven by chaos in Japan’s bond market (source: @BullTheoryio). According to @BullTheoryio, once the Japan bond market disorder is resolved, liquidity is expected to rotate into risk assets such as Bitcoin (BTC) and crypto (source: @BullTheoryio).

According to @KobeissiLetter, President Trump said his new Federal Reserve Chair pick will be announced early next year, a timing catalyst that traders may price across rates, the dollar, and crypto beta such as BTC and ETH, per @KobeissiLetter on Dec 2, 2025. According to @KobeissiLetter, U.S. Treasury Secretary Bessent added that substantial tax refunds are coming in Q1 2026, a liquidity-linked timeline that crypto markets closely track, per @KobeissiLetter on Dec 2, 2025. According to @KobeissiLetter, the post further asserts that rate cuts and stimulus checks are coming and advocates owning assets, indicating a pro-risk stance from the source, per @KobeissiLetter on Dec 2, 2025.

According to @BinanceResearch, the era of Quantitative Tightening (QT) has ended, shifting the macro backdrop from headwind to potential liquidity tailwind for Bitcoin (BTC) and risk assets. Source: @BinanceResearch tweet dated Nov 20, 2025 and Binance Research analysis page binance.com/en/research/analysis/the-end-of-qt-from-macro-headwind-to-tailwind. They highlight a forthcoming Treasury General Account (TGA) “liquidity slingshot” once federal spending resumes, flagging this as a near-term market liquidity driver relevant for crypto risk exposure. Source: @BinanceResearch tweet dated Nov 20, 2025 and Binance Research analysis page binance.com/en/research/analysis/the-end-of-qt-from-macro-headwind-to-tailwind. They also expect a “QE-Lite” phase likely in early 2026 and discuss how to position for Bitcoin and risk assets into these liquidity shifts. Source: @BinanceResearch tweet dated Nov 20, 2025 and Binance Research analysis page binance.com/en/research/analysis/the-end-of-qt-from-macro-headwind-to-tailwind.

According to @MilkRoadDaily, global liquidity growth has slowed as a stronger U.S. dollar and the U.S. Treasury refilling its Treasury General Account pull capital out of risk assets like crypto, pressuring BTC and ETH in the near term, source: @MilkRoadDaily on X, Aug 10, 2025. They state this impact is short term and note that a potential September Federal Reserve rate cut could reverse the liquidity drag by easing financial conditions, potentially supporting a risk-on rotation back into crypto, source: @MilkRoadDaily on X, Aug 10, 2025. Traders are advised to monitor the dollar trend, TGA balances, and the September policy path to time re-entry and beta exposure in BTC and ETH, source: @MilkRoadDaily on X, Aug 10, 2025.