May 07, 2026Risk-OnMedium Conviction

Daily Macro Risk Pulse

Equity momentum accelerating with Nasdaq +2.02% while crypto lags, suggesting institutional rotation into traditional risk assets over digital alternatives.

BTC$80,732-1.7%

ETH$2,322-3.7%

SOL$89.02-0.5%

Fear & Greed47Neutral

VIX17.50+0.6%

DXY97.85-0.2%

US 10Y4.360%-1.4%

Gold$4,741+1.3%

Oil (WTI)$92.98-2.2%

S&P 5007,365+1.5%

RegimeRisk-On

ConvictionMedium

Analysis

Rates Rally Fuels Risk Asset Divergence

US10Y plunging 1.36% to 4.36% is driving institutional flows into equities over crypto. The 76bp spread between 10Y-2Y signals steepening expectations, historically bullish for growth stocks. This explains Nasdaq's +2.02% outperformance while BTC underperforms at -1.71% despite favorable macro conditions.

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Cross-asset analysis (4 sections)
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