Bitfinex analysts report that Bitcoin's price is entering a bull phase, driven by its increasing correlation with gold as both are seen as hedges against fiscal and monetary deterioration. Rising US debt and shifting market focus toward debasement trades have boosted demand for Bitcoin, which is now viewed as a higher-risk, higher-reward alternative to gold. However, Federal Reserve Chair Kevin Warsh's hawkish stance at Jackson Hole, emphasizing inflation control and potential rate hikes, poses a challenge to this narrative. This marks a significant shift in market dynamics as investors seek protection from currency debasement and economic uncertainty.
Bitcoin has seen a short-term price rebound driven by growing institutional interest and macroeconomic factors, particularly the rising US federal debt which surpassed $40 trillion. This debt increase weakens the US dollar, prompting investors to see...
Historically, Bitcoin has often experienced a weak September, notably from 2017 to 2022 with six consecutive negative returns. However, recent years have shown a shift, with positive closes in September 2023, 2024, and 2025. Strong spot and ETF deman...
At the Jackson Hole symposium, Fed Chair Kevin Warsh emphasized inflation concerns without committing to a rate hike, leading markets to anticipate tighter policy. Bitcoin dropped from about $80,000 to below $77,000 before recovering slightly, reflec...
Bitcoin briefly surged to $81,500 but failed to maintain the $80,000 support level, falling below $77,000 after Federal Reserve Chair Kevin Warsh's speech. The speech, which rejected forward guidance due to inflation risks, weakened immediate demand ...
Bitcoin fell below $77,000 following Federal Reserve Chair Kevin Warsh's speech suggesting further interest rate increases if inflation remains high. This reversed part of Bitcoin's recent rally toward $80,000 as traders increased the odds of a Septe...
