BTC reaching a new high is not driven by market speculation, but by deeper macroeconomic changes

The recent historical high of Bitcoin is not driven by market speculation, but by deeper macroeconomic changes. The increase in the US $5 trillion debt ceiling, massive deficit spending, and the upcoming cryptocurrency policy report from the Trump task force are reshaping the macro landscape. The report suggests that Bitcoin has transformed into a macro asset that hedges against uncontrolled fiscal spending, fundamentally changing its narrative logic. The FOMC meetings on July 22 and 30 could become key catalysts in redefining Bitcoin's role in the financial system. Data shows that seasonal factors in July, a surge in bullish options buying, and a wave of short liquidations have collectively driven this recent rise. #BTC再创新高