US money-market fund assets just hit a new all-time high of $7.73 trillion, according to the latest data. That's a staggering figure—and it tells you something important about where traditional capital is flowing right now.

When money parks itself in money-market funds at record levels, it typically signals a few things: investors are either playing defense, waiting for better opportunities, or positioning themselves for shifts in interest rate expectations. The scale of this accumulation is worth paying attention to.

Why does this matter for the broader market? Simple. Capital sitting in money-market vehicles is capital not yet deployed into riskier assets. It's dry powder waiting on the sidelines. For crypto markets, macro moves like this often precede rotation patterns—when institutions finally decide the risk/reward shifts, cash repositioning can happen fast.

The timing is particularly interesting given current economic conditions and fed policy signals. As traders and portfolio managers reassess their allocations, understanding these traditional finance metrics becomes crucial for anticipating next moves in digital assets.