#BitcoinNews

In this article, as per tradition, we delve into the latest developments related to Bitcoin , offering not only the most up-to-date news but also an in-depth analysis of the key factors influencing BTC's market value, investor sentiment, and potential growth prospects for the entire cryptocurrency ecosystem.

3 Factors That Could Impact Bitcoin and Cryptocurrency Markets This Week

U.S. stock markets rallied sharply last week, with major indices nearing all-time highs on easing tensions in the Middle East and rising hopes of a Federal Reserve rate cut later this year. Cryptocurrency markets reacted more subdued , remaining mostly flat throughout the week and into the weekend.

Core PCE — the Fed’s preferred gauge of inflation — showed prices accelerating in May, fueling inflation concerns. Fed Chair Jerome Powell said last week that he expected inflation to rise over the summer , but reiterated a “wait and see” approach .

Meanwhile, President Trump commented on the expiration of the 90-day tariff suspension – set for July 9 – saying: “I don’t think I should extend it, but I might.”

Economic events from June 30th to July 4th

The ISM Manufacturing Purchasing Manager's Index (PMI) for June is due for release on Tuesday, July 1. This report describes conditions in the manufacturing sector and is an important leading indicator of overall economic developments. Also on Tuesday , data on job vacancies will be released , which may reflect the state of the labor market.

More labor market reports will come on Wednesday and Thursday, with the release of nonfarm payrolls and the unemployment rate . These reports show the number of new jobs created in the previous month and the percentage of people actively seeking work. These are important economic indicators, as changes in the number of jobs are closely tied to the overall health of the economy.

Also due on Thursday is the June ISM Services PMI , which reflects conditions in the services sector and is another leading economic indicator.

Traditional markets will be closed on Friday for July 4th celebrations as we enter the second half of the year.

Metaplanet shares jumped nearly 10% after a fresh $108 million Bitcoin purchase.

Japanese investment firm Metaplanet has once again expanded its Bitcoin holdings by purchasing 1,005 BTC worth approximately $108 million. This latest acquisition has brought its total holdings to 13,350 BTC , surpassing CleanSpark to become the fifth-largest public holder of Bitcoin among listed companies.

CEO Simon Gerovich revealed that he paid an average of about $107,601 per BTC in the latest purchase, with the total value of the holdings currently close to $1.45 billion at current market prices. The acquisition is part of Metaplanet’s accelerated Bitcoin accumulation strategy, revised earlier this year with a goal of reaching over 210,000 BTC by the end of 2027.

The CEO further added:

Just 3 months ago, we announced live at our shareholder meeting that we had reached 3,350 BTC – and now we have added another 10,000 to get to 13,350 BTC.

The company’s Bitcoin purchase was funded in part through the issuance of 30 billion yen ($208 million) of zero-coupon, interest-free bonds , due in December 2025. This move is consistent with the company’s ongoing approach of using debt and equity channels to finance BTC purchases, while simultaneously conducting bond buybacks to optimize its capital structure.

The company said it aims to maintain a shareholder-aligned approach by tracking a proprietary BTC return indicator, which measures Bitcoin per fully diluted share, which has increased significantly since the last purchase.

The company has seen a quarterly BTC return of over 129%. Metaplanet shares reacted positively to the news, rising nearly 10% on the day of the announcement in Tokyo, continuing a rally that has seen the stock rise over 350% year-to-date.

Good News for BTC? US Dollar Weakness Accelerates as Experts Predict Bitcoin’s Parabolic Move

Ted Labs co-founder Niels said that the U.S. dollar index (DXY) has “entered free fall mode ,” signaling a phase of pronounced weakness for the American currency.

The DXY index, which measures the dollar’s ​​strength against a basket of six major currencies – including the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc – has fallen 11% so far this year . Niels called it the dollar’s ​​“worst annual performance in 40 years ,” underscoring the growing pressure on U.S. economic and fiscal fundamentals.

To make matters worse, according to Niels, there would also be the intention of the US government to proceed with a “controlled” devaluation of the dollar , through a new and massive increase in the federal debt ceiling . There is talk of an expansion of about 5,000 billion dollars , a figure that – if confirmed – would further fuel concerns about the growing fiscal imbalance and the long-term value of the American currency.

The analysis suggests an environment in which US monetary and fiscal policy could structurally weaken the dollar , generating potentially destabilizing effects on global markets, especially on commodities and emerging currencies. An intentional devaluation of the currency, in fact, could temporarily favor American exports, but risks triggering a loss of confidence of investors and international counterparts.

In this context, Niels believes that the solution is Bitcoin:

Buy and hold tangible assets like BTC, because they are about to go parabolic.

The DXY is currently trading just above 97 , its lowest level since February 2022, when much of the world was still in lockdown due to the pandemic. The recent multi-year low has come as the odds of a Federal Reserve rate cut have increased. The CME FedWatch Tool now indicates a 19% probability of a 25bp cut at the July 30 meeting.

The index has fallen nearly 12% since January, when it was slightly above 110. Trade tariffs imposed by President Donald Trump, conflict in the Middle East and the increase in the M2 money supply through central bank money printing have devalued the dollar significantly.

“The more money they print, the more asset prices go up,” said Bitcoin proponent Anthony Pompliano. “ They can’t stop printing money, so asset prices can’t stop going up in the long run. The only major financial sin you can commit is saving in dollars or bonds. Both are devalued.”

The entrepreneur has launched his own Bitcoin treasury firm, joining a growing wave of companies hoarding the asset as a strategic reserve amid growing concerns about the devaluation of fiat currencies.

Earlier this month, Fidelity's Director of Global Macro, Jurrien Timmer , said that “the dollar and bond movements tell the story of a potential global regime shift,” adding that “gold and other currencies are replacing the US dollar and Treasuries as safe-haven assets.”

DXY fell nearly 15% in 2017 and early 2018, which coincided with a massive crypto bull market and a new all-time high for Bitcoin. The index also fell about 13% between March 2020 and mid-2021, a period when Bitcoin and cryptocurrencies again rose to record highs in late 2021.

The current decline of nearly 12% in DXY could be one of the triggers preceding the Bitcoin market rally expected in the second half of the year, in line with the four-year cycle.

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