Alea Research says the crypto market is no longer simply “cheap” after a pullback—it is increasingly ‘exhausted,’ with macro pressure, fading risk appetite, and weaker marginal inflows combining to keep Bitcoin (BTC) and major altcoins under structural strain.
In a report released on Friday, June 26, Eastern Time (ET), the research firm framed the latest drawdown as part of a broader risk-asset reset rather than a temporary sentiment dip. While crude oil’s decline briefly eased inflation anxiety, Alea argued that a firm U.S. dollar and persistently high Treasury yields have lifted the… Read more
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