Bhutan just moved $37M in BTC from reserves.
Not selling. Repositioning.
When a sovereign nation treats Bitcoin as a strategic asset — not a speculative play — that's a different signal than retail panic.
Watch what sovereigns do. Not what they say.
Geopolitics is now a first-order market driver.
BTC is still the fastest macro sentiment barometer in crypto, while alts absorb the risk premium harder.
Until headlines cool off, expect sharp moves both ways. Stay liquid, stay selective.