QQQM Return Rate
Traded Value$Circle(CRCL.US)really is one of those names that messes with you both ways. When it runs, it feels disconnected; when it drops, same story.
But yeah, anchoring to rates helps a lot. Higher yields → more income on reserves → supports the story. Lower yields → that pillar weakens.
Problem is it’s not only a rates trade — you still have regulation + crypto liquidity layered on top.
So rates give you a backbone, just not the full map.
@Bridge Buzz SG
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