Bitcoin: The undefeated champion of wealth
Source: UTXO Times @UTXOTimes
Bitcoin Spot ETFs have now bought over $60 BILLION Bitcoin since launch
Source: Bitcoin Archive
The S&P 500 is up more than 100% since 2020
But the index is actually down 88% when priced in a hard asset like bitcoin. Source: Anthony Pompliano 🌪@APompliano (H/t @philrosenn)
It's liquidity stupid!
Strong M2 growth in China, and to a smaller extent Brazil and India, add to the ongoing expansion of M2 in the United States and in Europe. Our Global M2 proxy continues to point to a broadly supportive liquidity environment for risk assets. The S&P 500 continues to follow the evolution of our Global M2 proxy with an 11-week lag. Bitcoin has desynchronized from our Global M2 proxy since mid-August but bounced up strongly last week. Will it catch up our Global M2 proxy (and rise toward 140k)? NB: liquidity is one risk assets driver among others. Past results do not guarantee future results
Debasement Trade propels Gold, Silver and Bitcoin as investors flock to the perceived safety of real assets while pulling away from major currencies.
The Yen tumbled on Monday as pro-stimulus lawmaker Sanae Takaichi was set to become Japan’s next PM. The dollar, which has weakened about 30% against Bitcoin this year, remains under pressure as the US government shutdown drags on. The euro has its own problems w/fresh political uncertainty brewing in France. Source: Bloomberg, HolgerZ
Per this CNBC reporting, the strategy favoring gold and Bitcoin now has a name: J
Morgan analysts are calling it "the debasement trade." Source: Mo El Erian
JUST IN: Swedish Parliament introduces proposal for a strategic bitcoin reserve 🚀
Another one 🔥
Gold and Digital Gold aka bitcoin are diverging.
Does it signal troubles ahead for cryptos? Note this is not the first time it happens, including in 2025 Source: HolgerZ, Bloomberg
