Bitcoin Positioned as Shield Against US Fiscal Crisis, Analyst Says
2025-07-14 13:34:01
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Description
Bitcoin’s record-breaking rally to $122,000 on Monday is being fueled by deep macroeconomic shifts rather than hype, according to 10x head of research Markus Thielen. In a note shared this week, Thielen stated that Bitcoin has evolved from a tech narrative into a macroeconomic asset, serving as a hedge against growing US fiscal crisis. “The narrative has completely shifted: no one is talking about blockchain use cases or Bitcoin’s technological promise anymore,” Thielen explained. “Bitcoin has b...
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