Macro strategist Callum Thomas shared a chart-based observation on Wednesday, highlighting how a sudden rally in space stocks aligned with Bitcoin’s (CRYPTO:

Rocket Lab, Intuitive Machines, and AST SpaceMobile drop 17-23% in two days as investors prepare to swap space proxies for SpaceX once the record IPO lands.

Macro strategist Callum Thomas shared a chart-based observation on Wednesday, highlighting how a sudden rally in space stocks aligned with Bitcoin’s (CRYPTO: