Bitcoin Trader Alert – Will BTC Reproduce the S&P 500 Fall?

The spread of the Treasury yield curve is approaching a positive reversal, which historically predicts a possible decline in the S&P 500, which could put pressure on Bitcoin due to a strong correlation between the two. Global liquidity has dropped by 0.32% recently, consistent with the yield trend. Bitcoin accounts for more than 50% of the cryptocurrency market capitalization of $3.88 trillion, and its regional market sentiment is mixed: American investors show interest in buying, the Coinbase premium index rises; while South Korean investors reduce their holdings, and the decline in premium index shows this. Against the backdrop of changes in the macroeconomic situation, the continued increase in the United States may support Bitcoin's performance.