On March 3rd, Garrett Jin — analyst with the “BTC OG Insider Whale” — posted on X, noting that recent geopolitical events have driven fluctuations in macroeconomic indicators, which in turn have impacted the crypto market. Jin identified key current indicators as oil prices, the U.S. Dollar Index, and U.S. 2-year/10-year Treasury yields, adding: “We remain in a risk-on environment, but this is now a typical period where caution is warranted.” He highlighted current macro shifts: the U.S. 2-year Treasury yield has climbed to 3.49%, while the 10-year stands at 4.05% (the yield curve is steepening, though geopolitical risks are amplifying macro uncertainty). Bitcoin, acting as a safe-haven asset, has seen a 5% short-term gain. Jin advised investors to avoid chasing event-driven volatility, stressing that priority should be given to monitoring oil prices and U.S. Dollar dynamics to gauge downside risks for crypto.
