Falling Cryptos vs. Stretched Beta, Buried Volatility - Stock market volatility is very low, and the tip of the risk-asset iceberg -- cryptos -- have broken down. The setup for 2026 appears precarious, especially considering the S&P 500's (SPX) steep premium to its post-2020 mean, median and mode. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t71w6bkijh9p {BI COMD} #bitcoin #cryptos #stockmarket @BBGIntelligence(Mike McGlone)