Bitfinex Alpha 178 | Optimism Creeping Back

Bitcoin is showing relative calm while oil and currency markets experience volatility. This behavior reflects crypto’s maturation: deeper liquidity, stronger structure, and growing institutional alignment.

Crypto is increasingly traded alongside other asset classes, evolving into a liquidity-sensitive asset rather than just a risk-on play. Despite yen pressure and rising energy costs, stablecoin growth and declining BTC volatility indicate that capital is rotating, not retreating.

As a result, crypto could soon act as a barometer for global capital flows.
Watch our review video for insights, and read the full analysis on crypto’s evolving macro role here:
https://blog.bitfinex.com/bitfinex-alpha/bitfinex-alpha-optimism-creeping-back/