Bitcoin (BTC) has long been described as “digital gold”, and, like the precious metal, is often pitched as a hedge against inflation. But new data from NYDIG suggests that the narrative doesn’t hold up. In its weekly digest, NYDIG’s Global Head of Research Greg Cipolaro found that inflation isn’t a reliable factor driving bitcoin’s price. Monthly correlation data shows that bitcoin’s relationship to inflation is both inconsistent and weak. “We know the community likes to pitch bitcoin as an inflation hed ...

RT Amy Nixon (@texasrunnerDFW)Everyone is rushing to buy Gold, Crypto and Stocks. The money supply is there.Meanwhile, no one is buying real estate, traditionally considered an inflation hedge. In fact, Sales are near 30 year lows!Why?The “Low Inventory” excuse from 2021-2023 doesn’t work anymore https://t.co/DRdp2g8ULp ...

U.S. Money supply is pumping higher.Bitcoin = NEXT! https://t.co/cV6R8RngIt ...

Key Appointments & Policy Shifts - Paul Volcker nominated to lead the US Federal Reserve by President Jimmy Carter on July 25th, 1979 [1] - Volcker's appointment followed Carter's economic malaise speech and a cabinet reshuffle [2] - Volcker known for advocating monetary restraint while heading the Fed's regional bank in New York [2] Economic Challenges & Responses - Consumer inflation had doubled to 11% prior to Volcker's appointment [2] - Volcker lamented pervasive uncertainty about the price level [3] - The Fed, under Volcker, lifted rates a full percentage point to 12% on October 6th, 1979, focusing on limiting money supply growth [4] - Fed rates eventually pushed above 20% [4] Economic Impact & Political Pressure - President Carter lost reelection largely due to economic pain caused by rate hikes [5] - Ronald Reagan tried to influence Volcker to be more dovish due to recessions, a 10% jobless rate, and soaring loan defaults [5] - Congress introduced legislation requiring the Fed to cut rates, but the bill failed [5] Economic Recovery & Legacy - Inflation plunged from 15% in 1980 to under 4% by 1983 [6] - Refocus on money supply helped lay the foundation for the global economic boom of the 1980s and 90s [6]

Market Trend - Bitcoin price is projected to reach $1 million USD with a $1 trillion USD inflow [1] - Global money supply is currently $100 trillion USD and expected to double to $200 trillion USD by 2035 [1] Investment Opportunity - The industry anticipates a high probability of Bitcoin reaching the $1 million USD target [1]

Money supply and interest rates generally have an inverse relationship. Learn more about the link between them. https://t.co/UcZevKDEmN ...