Daily Digest: CXMT Surges, Higgsfield Raises $400M, Goldman on Fed, BTC Lags

The interesting signal here is not any single headline but the direction of capital: AI and equities are pulling flows that crypto has historically competed for, and BTC's lag alongside an ETH whale cost basis concentrated in a defined range suggests positioning is cautious rather than euphoric. Goldman's pushback on hawkish Fed pricing matters because rate expectations have been a primary macro driver for risk assets broadly. Whether that AI-versus-crypto flow split persists, and whether the ETH cost-basis cluster holds as support or becomes a source of supply, is the open question.