WS #15133
Bitcoin is trading in a tight range near $84,000-$85,000, supported by institutional inflows into ETFs and a growing narrative of Bitcoin as a hedge against fiat debasement. Prediction markets are pricing in a high probability of Bitcoin remaining above $82,000 by month-end. The 'debasement trade' is gaining steam as investors rotate into hard assets amid sticky-but-cooling inflation, creating a floor for crypto prices even as traditional equities face volatility.
Crypto & Digital Assets
Bitcoin is trading in a tight range near $84,000-$85,000, supported by institutional inflows into ETFs and a growing narrative of Bitcoin as a hedge against fiat debasement. Prediction markets are pricing in a high probability of Bitcoin remaining above $82,000 by month-end. The 'debasement trade' is gaining steam as investors rotate into hard assets amid sticky-but-cooling inflation, creating a floor for crypto prices even as traditional equities face volatility.