Binance Research posted that the recent weakness in the crypto market might not be due to the crypto market itself, but rather a capital siphon effect from the U.S. stock market. They pointed out that the CBOE Dispersion Index has risen to 42, the third-highest level in history, indicating that S&P 500 funds are extremely concentrated in a few hot themes. When sectors like AI, semiconductors, defense, energy, and commodities absorb large amounts of capital, BTC tends to get sidelined. Binance Research noted that historically, after periods of high capital concentration in the U.S. stock market, BTC typically bottoms out within 0 to 20 weeks, with a median of about 2 weeks. If there’s no crypto-native crisis, such capital outflows are often just a temporary phenomenon. https://(wublock123.com)/news/binance-research-us-stock-flow-siphoning-crypto-62056