What of Bitcoin? A Stock Puppet Fed funds futures are priced for about 50 bps of hikes in one year, typically Bitcoin declines. The crypto often recovers after futures shift back to ease. A top force to shift to ease is stocks going down. Hard to see broad metals or cryptos going up if stocks drop. We are all stock puppets now. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tkqbt9kip3j0 {BI COMD} #Bitcoin #gold @BBGIntelligence(Mike McGlone)