Bitcoin

The Ivor Novello Awards celebrate songwriting creativity, a cultural metric unrelated to risk assets. However, in bearish markets, such distractions can cause retail traders to chase narratives, leading to misallocation of capital. The current BTC dominance of ~58% suggests capital is rotating into safety, not chasing hype.

Sam Fender, Rosalía, and Jacob Alon win Ivor Novello Awards; Lola Young helped honor Elton John at the event.