ACTING AS A HEDGE AGAINST FISCAL RISK
MACRO CATALYSTS REDEFINE BITCOIN’S NARRATIVE
A new 10x Research report reveals that Bitcoin’s recent all-time high stems from macroeconomic forces—not market speculation. Key drivers include the U.S. raising its $5T debt ceiling, aggressive deficit spending, and anticipation around President Trump’s upcoming crypto policy.
Bitcoin is increasingly viewed as a macro hedge, signaling a shift in institutional perception. Seasonal July tailwinds, rising bullish options activity, and short squeezes have amplified the move. Eyes now turn to the FOMC meetings on July 22 and 30 for further macro signals.
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