Bitcoin

El Niño strength assessments matter because they directly influence agricultural yields, energy demand, and insurance costs—second-order macro factors that feed into inflation expectations. With global market cap at $2.77T and BTC dominance high, capital is concentrated in BTC, meaning any macro shock could trigger a sharp rotation out of altcoins and into cash or BTC as a hedge.

Weather agencies disagree on the strength and record status of the current El Niño event.