Search results for quantitative tightening
Crypto
Russell 2000 hits record high but altcoins stay muted
The Russell 2000 has set a record high, but analysts said the move differs from past cycles as altcoins have not followed. They said the correlation between the Russell 2000 and altcoins has turned negative for the first time since July 2016, shaking the altseason narrative. Some analysts cited signs of expanding Federal Reserve liquidity as supportive for risk assets, while others warned technical charts point to weakness and the shift reduces the usefulness of past patterns.
Crypto
Why altcoin season has not arrived unlike bitcoin
Bitcoin rose to around $126,000 in the autumn of 2025 to set a new record, but the altcoin season many expected did not emerge. Into the Cryptoverse founder Benjamin Cowen said the cycle peaked amid indifference rather than euphoria, with historically low social participation and weak inflows of new retail investors. He also pointed to macro conditions and tight liquidity, arguing investors rotated into relatively safer assets such as bitcoin.
Crypto
Arthur Hayes says bitcoin could hit record high in 2026 if dollar liquidity expands
BitMEX co-founder Arthur Hayes says bitcoin’s poor showing in 2025 was driven by a contraction in U.S. dollar liquidity rather than any structural problem. In an essay, he contrasts bitcoin’s decline with gold’s rise and the Nasdaq 100’s resilience. Hayes says risk assets including bitcoin could rebound if dollar liquidity expands from 2026. He cites three drivers: Fed balance-sheet growth, expanded strategic-industry bank lending and MBS purchases ordered for Fannie Mae and Freddie Mac. He also outlined his investment positions.
