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DAX at new highs, any spillover to crypto appetite?
Watching the $DAX push through 24781.9 today, it makes me wonder if traditional market strength might free up some capital for riskier assets like $BTC. Seems like a decent indicator of overall market confidence, which usually bodes well for crypto in the mid-term.
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It's an interesting thought, but I'm not sure a strong DAX necessarily translates directly to crypto. Many institutional investors have separate allocations, and retail crypto interest often seems to follow its own drivers.