Wintermute Reports Bitcoin Resilience as Investors Shift Capital from Equities

Wintermute's latest market update indicates that cryptocurrency has outperformed most risk assets following strong U.S. employment data, which increased the probability of a Federal Reserve rate hike to nearly 60%. Bitcoin closed 3.45% higher, surpassing the $80,000 mark, supported by robust ETF inflows that suggest a rotation of capital from stagnant equity markets into Bitcoin.