2 weeks ago
Bitcoin BTC looks poised to ascent to an all-time precocious this July, propelled by converging macroeconomic and marketplace forces that are driving investors into riskier assets.
U.S. equity indexes are already mounting records, with the S&P 500, Nasdaq Composite and Dow Jones Industrial Average each sitting astatine highs, reflecting wide capitalist confidence. As accepted markets soar, superior often spills into alternate assets, and BTC is simply a premier beneficiary. At astir $109,000, the largest cryptocurrency is trading little than 3% beneath the highest it acceptable successful May.
One origin is the U.S. M2 wealth supply, which has climbed to a grounds $21.9 trillion and has touched highs each period implicit the past year. This surge successful liquidity means perchance much wealth flowing into fiscal assets and a hunt for investments that tin sphere purchasing powerfulness arsenic authorities indebtedness balloons.
According to Ray Dalio, the billionaire laminitis of hedge money Bridgewater Associates, President Donald Trump's recently passed "Big Beautiful Bill" locks successful astir $7 trillion successful yearly spending against lone $5 trillion successful revenue. That volition propulsion indebtedness levels from 100% of GDP toward 130% implicit the adjacent decade.
“Unless this way is soon rectified to bring the fund shortage from astir 7% of GDP to astir 3% by making adjustments to spending, taxes, and involvement rates, big, achy disruptions volition apt occur,” helium wrote successful a station connected X.
Historically, July has been a beardown period for bitcoin, averaging gains astir 7%, adding a seasonal tailwind. All signs constituent to the integer plus breaking caller records successful the coming months.
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