Bitwise CEO: “Bitcoin is rallying because they broke the economy. And the way they’ll “fix” the economy will make bitcoin rally harder.”
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Is this the definition of ‘decoupling’?
In financial terms, “decoupling” refers to an asset moving independently of traditional markets. Hougan implies that Bitcoin’s rally is not merely a reaction to market trends but a response to deeper economic disruptions.
Trump’s backpedal last night about not firing Powell and ‘we’ll be nice to China’ appear to ease concerns, but is that a “fix” or just a temporary sentiment to calm volatility?
Today’s Bitcoin rally is underpinned by strong institutional inflows, increased futures market activity, favorable regulatory developments, and macroeconomic factors. These elements collectively reinforce the narrative of Bitcoin’s growing independence from traditional markets and its emerging role as a hedge against economic instability.
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