Bitcoin

Markets are pricing in a classic capitulation phase: BTC down 16.98% in 7 days, ETH down 6.56% in 24h, and altcoins underperforming due to high BTC dominance. The Elmo story is a distraction; the real driver is sustained selling pressure from macro uncertainty and lack of catalysts.

Elmo, a Sesame Street character, faced criticism from Knicks fans for not giving full-throated support to the New York Knicks during the NBA finals.