Bitcoin’s
Increase in new all-time highs is based on deep financial burden, according to a new report from Cathie Wood-led Ark Invest.
Bitcoin’s 11.1% increase in May, surpassed gold and bread through key resistance levels, Ark said. Gains also coincided with clear signs of stress in house and auto sectors, traditionally seen as columns of American consumer strength.
In homes, the number of salespeople has far surpassed buyers, a trend -ark -links to the Federal Reserve’s steep interest rates since 2022. With affordable prices, pressure on prices in what remains the largest source of household network value. Meanwhile, auto sales that rose earlier this year in anticipation of tariff rates collapsed in May – fell to 15.6 million units from over 17 million just one month before.
As these markets are softening, Bitcoin seems to catch some of the capital looking for yield and resilience, she noticed sheets. Spot Bitcoin ETFs drew $ 5.5 billion in May – more than triple the influx seen in gold -Tfs, which dropped sharply during the same period.
Ark noted that Bitcoin’s current rally is not yet reflecting speculative profits. Income erection remains measured, with unrealized gains that are well below the levels that marked prior bubbles.
For investors moving away from stressed assets in the real world, Bitcoin cannot serve as a gamble, but as a calculated redistribution in a changing economic landscape.