In the past week, the market has once again been ignited by macro news:


  • Expectations for Federal Reserve interest rate cuts have surged, with gold prices breaking to $3470/ounce;

  • Trump publicly declared 'inflation is dead', further strengthening optimistic sentiment for policy shifts;

  • And in the third quarter, Bitcoin's increase approached 80%, seemingly gearing up for the next cycle.

Whether it's gold or Bitcoin, both are validating a logic: against the backdrop of a global shift to 'interest rate cut pricing' mode, scarce assets and inflation-resistant assets have become the market's top choice.#现货黄金创历史新高 #非农就业数据来袭

📉 Key focus: Non-farm employment and unemployment rate

This Friday's non-farm payroll data will directly impact the Federal Reserve's decision in September:

  • If the data is weak, the expectation of interest rate cuts is almost 'locked in', and risk assets are likely to continue rising;

  • If the data is strong, the market may face increased volatility.

Therefore, the market has entered a typical 'data-dependent mode'.

₿ The crypto market is quietly strong

Despite the noisy external environment, the crypto market shows a healthy structure:

  • Institutional funds continue to flow in through ETFs;

  • Long-term holders are steadily increasing their positions;

  • Leverage remains at reasonable levels.

This means: Bitcoin has gradually become a leading asset for macro liquidity; once interest rates are cut, a new wave of funds is likely to flow into the crypto market first.

💡 Thought: Who can combine the 'scarcity of gold' and the 'flexibility of crypto'?

Gold has risk-averse properties due to its natural scarcity, but lacks liquidity and programmability;

Bitcoin has become 'digital gold' due to algorithmic scarcity, but is disconnected from real assets.

Some emerging projects, such as Mineralfi (MIFI), are attempting to combine real assets (gold mines) with a deflationary token model:

  • The supply side is gradually deflating (buybacks + destruction mechanisms), shaping long-term scarcity;

  • Value anchored to real minerals, providing stable external cash flow support;

  • Combining RWA and Web3, it can resist inflation while retaining high liquidity in the crypto market.

Compared to a singular 'speculative narrative', such assets are more likely to become 'composite value targets' pursued by the market during macro easing cycles.

✅ Summary

The current market is at the intersection of macro and crypto:

  • Gold has already provided direction;

  • Bitcoin is accumulating energy;

  • And projects like Mineralfi that combine scarcity with real value support may represent a new trend in the next stage of the crypto market.

The question arises: If interest rates really drop in September, will you choose gold, Bitcoin, or RWA projects with dual value anchoring 👉Mineralfi?