RWA ๐ Global & Macro: MRA strategist warns a Fed rate hike could trigger a 10% S&P 500 correction, highlighting market sensitivity to monetary tightening.
๐ฆ RWA & Institutional: No major RWA or institutional developments reported this hour.
โก Crypto & Markets: Ethereum falls below $2,550 amid ongoing volatility. Strike CEO Jack Mallers says Bitcoin and AI can help humans reclaim time by automating financial tasks and reducing reliance on traditional intermediaries.
๐ก Key Takeaway: Macro tightening fears pressure equities while crypto remains volatile; Bitcoin-AI narrative gains traction as a long-term productivity play.