Macro· ★★★★· bearish·

Wintermute and K33 warn Anthropic IPO, FOMC put Bitcoin at risk of AI-led selloff

  • —Wintermute: BTC now tracks macro closely, falling with chip and AI stocks
  • —K33: BTC fell from $77K to $63K in the 23 days before SpaceX's $75B IPO
  • —Markets price a 92.8% chance of a Fed hold; December hike signal is key
  • —Bitcoin's 30-day volatility sits in the second percentile of 2020s readings
Why it matters: Low volatility and tight AI-stock correlation set Bitcoin up for a sharp move on any Fed surprise or capital rotation into the Anthropic IPO.
#BTC
Source: FXStreet Crypto
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