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π Bitcoin has shifted from a lagging asset to a leading indicator
Binance Research analysts concluded this in their weekly market report on April 2. The structural shift occurred after the launch of spot Bitcoin ETFs in 2024.
They tracked the correlation between central bank rate decisions and BTC price before and after the ETFs appeared.
Before 2024, Bitcoin lagged monetary easing cycles with a correlation of +0.21 to the global easing index.
After the ETF launch, this reversed and strengthened threefold to -0.778, meaning Bitcoin now moves ahead of central bank announcements.
Analysts attribute this to a change in margin buyers: institutional investors via ETFs price in macro scenarios 6-12 months in advance, turning Bitcoin into a leading monetary cycle asset.
β
Follow @cryp
Binance Research analysts concluded this in their weekly market report on April 2. The structural shift occurred after the launch of spot Bitcoin ETFs in 2024.
They tracked the correlation between central bank rate decisions and BTC price before and after the ETFs appeared.
Before 2024, Bitcoin lagged monetary easing cycles with a correlation of +0.21 to the global easing index.
After the ETF launch, this reversed and strengthened threefold to -0.778, meaning Bitcoin now moves ahead of central bank announcements.
Analysts attribute this to a change in margin buyers: institutional investors via ETFs price in macro scenarios 6-12 months in advance, turning Bitcoin into a leading monetary cycle asset.
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The older you get, the more you realize luck is mostly exposure.
If you sit in the same place, have the same routine, talking to the same people, nothing new really happens.
You have to tackle the world to win.
Travel more. Talk to people. Try a breakfast spot. Post on social media. Start a side hustle or a hobby.
The world rewards motion. You don't find opportunity sitting still.
β
Follow @cryp
If you sit in the same place, have the same routine, talking to the same people, nothing new really happens.
You have to tackle the world to win.
Travel more. Talk to people. Try a breakfast spot. Post on social media. Start a side hustle or a hobby.
The world rewards motion. You don't find opportunity sitting still.
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