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BTC is the index. Everything else is a multiple. If $BTC volatility expands, $ETH usually lags first, then catches up only if fees and flows confirm. $DOGE and $ZEC will print the extra range. Trade the multiple, not the headline. When $BTC is quiet, those multiples decay.#FedFirst25BpsHikeSince23 #LongYields5%NewNormal #CryptoTaxAndBTCReserve