Crypto serves as a contrarian indicator of market excess: when crypto is rising sharply and attracting retail capital, it signals that markets are overheated, valuations are high, and a correction is likely.

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Speaker

Anthony Bolton

Evidence Quote

it's one of the signs of excess so if you're looking you know for a market that's high and has excess then crypto is an indication of that

Source

Anthony Bolton | Podcast | In Good Company | Norges Bank Investment ManagementNorges Bank Investment Management
Created: 8/11/2026, 8:00:12 AM

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