Bitcoin
Seems to climb up to a highlight of all the time in July, propelled by converting macroeconomic and market forces that drive investors to more risky assets.
US stock indices are already setting records, with the S&P 500, Nasdaq Composite and Dow Jones Industrial Average, all of which are at heights, reflecting widespread investor confidence. As traditional markets are hovering, capital is often wasted in alternative assets and BTC is an important recipient. At about $ 109,000, the largest cryptocurrency is less than 3% below the top it has set in May.
One factor is the US M2 money amount that has risen to record $ 21.9 trillion and has touched heights every month in the past year. This increase in liquidity potentially means more money flowing into financial assets and a hunt for investment that can maintain purchasing power as government debt balloons.
According to Ray Dalio, the billionaire founder of the Hedge Fund Bridgewater Associates, President Donald Trump’s newly adopted “Big Beautiful Bill” of approx. $ 7 trillion in annual expenses against only $ 5 trillion in revenue. It will push debt levels from 100% of GDP against 130% in the next decade.
“Unless this road is soon corrected to bring the budget deficit from about 7% of GDP to about 3% by making adjustments to expenses, taxes and interest rates, there are likely to occur, painful disorders,” he wrote in a post on X.
Historically, July has been a strong month for Bitcoin, average winnings around 7%and added a seasonal tail wind. All signs point to the digital asset that breaks new items in the coming months.
