Bitfinex Alpha | Volatile Markets Expected
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Bitcoin is undergoing its first meaningful correction since the April lows, cooling off after a relentless 50 percent surge that took the asset from $74,501 to a new All-Time High of $111,880. The current pullback reflects a change in tempo, following nearly 50 days of uninterrupted upside marked by minimal retracements. This retracement is not just technical—it comes amid renewed macro pressure following the unexpected reinstatement of tariffs by the US government, resulting in a breakout in 30-year Treasury yields above 5 percent, and a wave of risk-off sentiment.
