MACRO SHIFT ALERT:

US Dollar's share of global reserves just hit ~40% — lowest level in over two decades. That's a 18-point drop from where we were ten years ago.

Here's what matters: when reserve currency dominance weakens like this, liquidity doesn't disappear. It migrates. Capital starts hunting for alternatives that hold value differently.

Historically? Crypto catches bid first when traditional monetary hierarchy starts shifting. Whether it's institutional reallocation, emerging markets diversifying, or just investors hedging fiat weakness — the pattern repeats.