๐ Global & Macro: Overnight, US and European markets showed mixed signals as investors weighed the latest macroeconomic data and central bank rhetoric. With no major policy shifts, attention remains on upcoming inflation prints and geopolitical developments that could sway risk sentiment.
๐ฆ RWA & Institutional: No significant RWA or institutional tokenization developments were reported in the past 12 hours. The sector continues to watch for regulatory clarity and adoption trends.
โก Crypto & Markets: A year after a flash crash wiped out $19 billion in leveraged crypto bets, market participants now have improved risk detection tools. However, the underlying drivers of the selloff remain unresolved, leaving vulnerabilities in the system. Bitcoin and major altcoins are trading cautiously amid lingering uncertainty.
๐ก Key Takeaway: Despite better risk management tools, the crypto market has not fully addressed the structural issues that led to the $19B liquidation event, suggesting that similar shocks could recur without deeper reforms.