Something weird happened on Monday. Stocks were down. Bitcoin was up.
This keeps happening more and more these days. That’s huge.
Particularly at a time when uncertainty in Trump’s trade war is reaching new heights, to see gold continue its rise makes sense — but could Bitcoin really be finally turning into digital gold? It’s long been the promise, but the data hasn’t supported it… until, maybe now?
Plus, as Michael Saylor’s Strategy continues to run their playbook to acquire more Bitcoin, new players seem to be copying the same strategy (no pun intended) on Solana. While the numbers in dollars seems far smaller, one top analyst says now is the time to buy SOL to play the same run.
I have a lot of hedge fund friends. They make way more money than me. They have been late to the Bitcoin game. That is now changing.
Increasingly, institutional investors are taking notice of something weird happening this week and last — where stocks sell off and Bitcoin shrugs things off.
As we discussed recently with the financial analyst who called Trump’s gambit back in February before all of this started — he correctly identified the goal: a lower dollar and lower interest rates. Both technically are massively bullish for Bitcoin. But one added element to come from the trade war may have been overlooked.
Increasingly, I think people are waking up to what Bitcoin actually is — a hedge against American dominance on the global stage. That is, if the US really is to retreat and shun globalization, what borderless currency stands to step in among trading partners? It’s most likely Bitcoin.
Admittedly, as we discussed with one of the largest custodians last week, the pace on Bitcoin’s adoption on that front has been pretty slow. But as confidence in America continues to be shaken — and particularly as Trump reveals the cards America holds, the other sides in this theoretical game are forced to more quickly explore those other options.
Suddenly, it’s not just theory anymore
Now, given that it has taken a decade to really even get close to this moment potentially being a possibility, I can understand the hesitance for anyone to think this time might be different. Bitcoin has appeared to break its tech correlation before, only to fall back into trading like Nvidia.
But truly, this time really does feel different. I mean, last time you didn’t have hedge fund legend Ray Dalio going on MSNBC and basically saying he’s far more worried this time about a “breaking down of the monetary order.” And I’m certainly not an alarmist saying something crazy like a Civil War is coming. But I do think it’s at least fair to argue that the edge case of something extremely bad has risen beyond this simply being about interest rates, and lowering those fixing all the issues currently being digested by the market.
