$BTC When central banks print money to combat recessions, it ultimately results in more dollars chasing the same goods — hello, inflation. Bitcoin, with its limited supply of 21 million coins, acts as a digital hedge. As fiat currencies lose purchasing power, BTC can maintain (or even increase) its value over time.
Negative real interest rates — when savings accounts pay less than inflation — force investors to seek returns elsewhere. Traditional bonds appear lackluster, so some of that money shifts to riskier assets like Bitcoin, driving up its price.