Breakout or Bull Trap? Bitcoin (BTC) Tests Strength as Policy Progress Meets New Constraints
Flows into regulated investment vehicles, particularly spot Bitcoin Exchange-Traded Products (ETPs), appear to have supported upward price momentum during the week. This underlines an increasingly evident structural shift: crypto markets are now more sensitive to capital allocation trends than to retail-driven narratives alone…
Navigating the Barbell: Liquidity Surfeits Amidst Macroeconomic Contraction
The secondary market trading was range-bound but uneven. T-bills held around 16.47%–16.50% as selective buying (Jun-26, Nov-26, Feb-27) met profit-taking, keeping yields anchored. OMOs stayed elevated at ~19.80%–20.40%. FGN bond yields drifted up into the high-16s, led by selling in the 2031–2034 belly, while demand in 2027–2030 and the long end tempered the bearish move…