Volatility on bitcoin is still very low, so there is no real interest in the crypto space which is normal in a risk-off environment. Keep in mind that everything is linked to FED policy, which is in a hawkish cycle right now, so higher yields, mean higher costs, thus its less free cash to be invested into the cryptos, stocks, etc. However, this hawkish cycle may come to an end if economic conditions will worsen in weeks and months ahead. A recession should force FED to slow down the hawks, and that's when new cycle will be seen in the markets. Ideally, this will be later this year or in 2023. That's when stocks could find a base and cryptos bounce away from the support as volatily may increase.

Bitcoin (Cryptocurrency)CryptocurrencycycleEconomic CyclesVolatilityvolatilityindex

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