According to The Kobeissi Letter, starting around 10:30 PM ET, gold and crypto began moving in opposite directions, flagging a sharp intraday negative correlation shift (source: The Kobeissi Letter, X, Sep 22, 2025). According to The Kobeissi Letter, Ether (ETH) fell as much as 10% during the move, marking notable downside pressure in crypto markets (source: The Kobeissi Letter, X, Sep 22, 2025). According to The Kobeissi Letter, gold extended its run into record territory over the same window, underscoring strength in the safe-haven trade (source: The Kobeissi Letter, X, Sep 22, 2025). According to The Kobeissi Letter, this is one of the largest gold-crypto divergences in more than 10 weeks, highlighting a material break in recent cross-asset behavior that traders track for correlation and hedging decisions (source: The Kobeissi Letter, X, Sep 22, 2025).

According to @charliebilello, US stocks, US home prices, Bitcoin (BTC), and gold are at all-time highs alongside record money supply and record national debt, highlighting a liquidity- and inflation-heavy backdrop for risk assets (source: @charliebilello, Sep 16, 2025). According to @charliebilello, CPI inflation has averaged 4% per year since January 2020, twice the Federal Reserve’s 2% target, underscoring persistent inflation pressures into this week’s policy decision (source: @charliebilello, Sep 16, 2025). According to @charliebilello, the Federal Reserve is cutting interest rates tomorrow, creating an immediate event risk for crypto; traders should prepare for potential volatility in BTC around the decision and monitor liquidity-sensitive pairs and real-yield proxies (source: @charliebilello, Sep 16, 2025).