Stock buybacks have hit a wall. The S&P 500 repurchase momentum is cooling significantly, according to recent Goldman Sachs data. What does this mean? When corporations dial back buybacks, it often signals shifting corporate cash priorities—whether due to rising debt concerns, lower confidence in valuations, or capital reallocation. For crypto investors, this matters. Slowing buyback activity typically precedes broader market uncertainty. Historically, these shifts correlate with periods of portfolio repositioning and increased volatility across asset classes. Worth monitoring as we gauge where institutional capital might flow next.