🚨 BREAKING: Crypto Sell-Off Triggered by "TradFi Contagion" 📉
Forget the 2022 scandals—the latest crypto crash isn't an industry crisis; it’s a spillover from Traditional Finance (TradFi). Experts at Consensus Hong Kong 2026 reveal that Bitcoin’s dip is a casualty of the global Yen Carry Trade unwind. 🏦💸
The Catalyst: Investors who borrowed cheap Japanese Yen to buy risk assets (including $BTC) were forced to sell as Yen rates rose and volatility spiked. 🇯🇵➡️🔥
Margin Pressure: Collateral requirements for assets like metals jumped from 11% to 16%, forcing institutional liquidations across the board. 📊
ETF Resilience: Despite the noise, Bitcoin ETFs still hold $100 billion in assets. Total outflows since the October 2025 peak sit at roughly $12 billion—significant, but far from a "capitulation." 💎🙌
The Shift: We are entering a "convergence" era. 2026 is seeing the transition where public chains and stablecoins are finally being used to settle traditional securities. 🔗🏛️
"This is just a spillover from TradFi entirely... it’s all interconnected now." — Fabio Frontini, Abraxas Capital Management
