财经少华
--
Analyzing the bullish factors behind Bitcoin's new highs:
1. Federal Reserve interest rate cut expectations: The minutes from the Federal Reserve's June meeting indicate that a majority of participants believe that rate cuts may be appropriate this year, enhancing market expectations for future liquidity easing, which provides a macro catalyst for risk assets like Bitcoin.
2. Trump tax expenditure bill: The "Big and Beautiful" tax and spending bill signed by Trump will increase the federal deficit, leading U.S. government debt toward unsustainability, raising risks of macro mismanagement, and increasing investors' interest in non-sovereign value storage methods like gold and Bitcoin.
3. Diminishing impact of the tariff war: Although tariffs have impacted the crypto market, recent market performance has been robust, with cryptocurrencies seen as valuable hedging tools, leading investors to prefer Bitcoin, which stimulates its rise.
4. SEC's statement on securities tokenization: The U.S. SEC's recognition of securities tokenization has propelled the blockchain and crypto industry into mainstream financial markets, stimulating the rise of Bitcoin and other cryptocurrencies.
5. Demand from crypto custody companies and ETFs: The emergence of crypto custody companies indicates strong investor interest in exposure to crypto assets listed for trading on exchanges. The demand for traditional financial tools like ETFs is reshaping the Bitcoin market landscape, with institutional capital inflows showing structural characteristics and more stable demand.
1. Federal Reserve interest rate cut expectations: The minutes from the Federal Reserve's June meeting indicate that a majority of participants believe that rate cuts may be appropriate this year, enhancing market expectations for future liquidity easing, which provides a macro catalyst for risk assets like Bitcoin.
2. Trump tax expenditure bill: The "Big and Beautiful" tax and spending bill signed by Trump will increase the federal deficit, leading U.S. government debt toward unsustainability, raising risks of macro mismanagement, and increasing investors' interest in non-sovereign value storage methods like gold and Bitcoin.
3. Diminishing impact of the tariff war: Although tariffs have impacted the crypto market, recent market performance has been robust, with cryptocurrencies seen as valuable hedging tools, leading investors to prefer Bitcoin, which stimulates its rise.
4. SEC's statement on securities tokenization: The U.S. SEC's recognition of securities tokenization has propelled the blockchain and crypto industry into mainstream financial markets, stimulating the rise of Bitcoin and other cryptocurrencies.
5. Demand from crypto custody companies and ETFs: The emergence of crypto custody companies indicates strong investor interest in exposure to crypto assets listed for trading on exchanges. The demand for traditional financial tools like ETFs is reshaping the Bitcoin market landscape, with institutional capital inflows showing structural characteristics and more stable demand.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
117,389.9
-0.11%