BTC slides to 6-week low as U.S.-Iran strikes trigger $1B liquidations; macro catalyst requires triple resonance of credit, Fed, and geopolitics; capital flows neutral amid extreme fear.
Extreme fear grips crypto markets as Bitcoin demand collapses, stablecoin flows neutralize, and capital rotates into gold. Multi-chain tokenization advances but fails to offset macro headwinds.
Spain's regulatory action against Polymarket and Kalshi, combined with weakening Bitcoin demand and a risk-off sentiment, suggests a cautious institutional stance. Capital flows remain neutral, favoring AI tokens over broader crypto, while Bitcoin faces critical support at $75K-$76K.
Bitcoin volatility collapses to 2023 lows while digital assets post record outflows; ECB signals further tightening; capital flows shift from BTC/ETH to XRP, NEAR, and defensive assets.
