According to @lisaabramowicz1, Walmart’s earnings highlight two trading-relevant points: a planned switch from the NYSE to the Nasdaq to emphasize its technology positioning, and rising costs that are likely to flow through to consumer prices in the coming months, which traders should factor into inflation and margin expectations. source: @lisaabramowicz1 on X BTC and ETH have shown periods of positive rolling correlation with the Nasdaq in 2023–2024, so shifts in tech-equity risk sentiment from a Walmart-led tech narrative can spill over into crypto volatility and directional bias. source: Kaiko Research 2024 If retail prices rise, they feed directly into CPI components per official methodology, making Walmart’s cost pass-through a potential near-term input for inflation-trackers and rate expectations. source: U.S. Bureau of Labor Statistics, CPI Handbook Historically, stickier inflation and higher real yields have been associated with headwinds for digital asset returns and increased volatility in BTC and ETH, reinforcing the need to monitor inflation-sensitive catalysts. source: Coinbase Institutional Research 2023; ARK Invest, Big Ideas 2023 Trading takeaway: Watch for timing and magnitude of Walmart price pass-through, gauge Nasdaq risk tone for crypto correlation, and manage BTC/ETH exposure into CPI and rates events if retail price pressures materialize. source: @lisaabramowicz1 on X; Kaiko Research 2024; U.S. BLS CPI Handbook; Coinbase Institutional Research 2023