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X @Bloomberg
Bloomberg· 2025-10-06 01:40
Market Trends - Bitcoin reached a new record high for the first time since mid-August [1] - The US government shutdown prompted investors to move towards safe-haven assets [1] - This migration of investors is referred to as the "debasement trade" [1]
X @Andy
Andy· 2025-10-06 00:11
RT The Rollup (@therollupco)“It’s just math”For @CryptoHayes, there is only one trade:The debasement trade.Whether it’s the dollar, the euro, or any other hot ball of garbage fiat currency, the trend is clear.Trump & Secretary Bessent will try to devalue the dollar to help fulfill their vision of slowing down the U.S. govt deficit.What comes next is going to be the culmination of what central bankers have done to our global economy.Full podcast drops tomorrow.(Hint: f*ck you, higher) ...