Wintermute Signals Bullish Crypto Outlook Amid Macro Tailwinds
- Bitcoin surged to $115k, boosted by ETF inflows and $160m in short liquidations.
- Ethereum approached $4,200 as DeFi and AI sectors led gains.
- US CPI softened to a YoY rate of 3.0%, lower than the expected 3.1%.
- Stablecoin supply increased for the first time since September, indicating new inflows.
- US spot BTC ETFs saw moderate inflows despite thinning volumes, underscoring structural demand.
Wintermute’s update highlights a favorable shift in macroeconomic conditions and geopolitical relations that have improved liquidity and risk appetite in Q4. The easing of US-China tensions and softer inflation data are key contributors to this positive outlook.
With Bitcoin reclaiming early losses and sector leadership in DeFi and AI, Wintermute anticipates a supportive environment for further crypto recovery as volatility remains subdued and positioning cleaner. (Source)
