# SEC澄清加密资产分类

This round of oil price-driven asset repricing.
The core isn't oil itself.
It's "inflation expectations."
The market is telling you with real money.
We're not afraid of war.
#SEC澄清加密资产分类
We're afraid of what comes after.
That interest rate we can't go back to.
The S&P 500 and crude oil have traced out perfect negative correlation.
The US dollar is reclaiming its safe-haven function.
Gold is circling around the $5,000 mark.
All assets are doing the same thing:
Repricing the Fed's next statement.$BTC