$BTC
On August 19, the U.S. Treasury doubled the duration of its long-term bond repurchase agreements to suppress yields.
So what happened? Bitcoin surged 26% from that day onward.
This isn’t a coincidence.
What the market sensed was: the dollar weakening, inflation expectations rising, and money starting to move into hard assets.
If Treasury bonds can’t hold it down, capital will look for other anchors.
And BTC is one of those anchors.
On August 19, the U.S. Treasury doubled the duration of its long-term bond repurchase agreements to suppress yields.
So what happened? Bitcoin surged 26% from that day onward.
This isn’t a coincidence.
What the market sensed was: the dollar weakening, inflation expectations rising, and money starting to move into hard assets.
If Treasury bonds can’t hold it down, capital will look for other anchors.
And BTC is one of those anchors.
