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In this episode of The Milk Road Show, John Gillen explains why the recent Russell 2000 breakout and surge in ISM Manufacturing PMI (56.5) could signal a mid-cycle economic acceleration, not a late-cycle slowdown. If growth is strengthening and market participation is broadening, history suggests risk assets like Bitcoin and Ethereum could benefit. We explore the tight correlation between Ethereum and the Russell 2000, what strong new orders data means for the business cycle, and why the โK-shaped economyโ narrative may be breaking down. If this macro setup holds, crypto could be entering a powerful new phase.
Note: This clip is taken from a longer episode published earlier. To catch the full conversation and all the context, head over to the complete interview on our channel.
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๐บ Recommended Watching ๐บ
Crypto Is Crashingโฆ But The Macro Data Says a Massive Rally Is Coming w/ John Gillen
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๐ Disclaimer ๐
The information presented in this video is for educational and informational purposes only. It should not be considered as financial, legal, or tax advice. The views and opinions expressed by the speakers, are their own and do not constitute professional advice. The speakers are not licensed financial advisors or registered investment advisors. Investing in cryptocurrencies carries significant risks, including the potential for substantial losses. The speakers do not guarantee any specific outcome or profit. Viewers should consult with a qualified financial professional before making any investment decisions.
โถ Coinbase Website: Coinbase.com
โถ CEX Website: cex.io
Youtube version
