Bitcoin

The 7-day -13.18% BTC drop reflects institutional capital flight from altcoins toward BTC (82.5% dominance), signaling a 'flight to quality' amid macro uncertainty. When non-crypto events like this gain traction in fearful markets, it indicates broader risk-off positioning where traders conflate all negative news with crypto fundamentals, ignoring actual sector irrelevance.

The 2026 World Cup has been criticized before its start due to Donald Trump's politics, high ticket prices, expansion to 48 teams, and environmental impact.