Core Insights - The surge in Bitcoin, gold, and stock prices is accompanied by short-term volatility and concerns over the growing U.S. deficit [1][2] - The U.S. budget deficit is projected to reach $1.9 trillion by 2025, with current figures showing a deficit of $1.973 trillion, a $76 billion increase from the previous fiscal year [2] Bitcoin Market Dynamics - Bitcoin has experienced a slight decline of about 0.8% recently, trading at $122,000 after reaching an all-time high above $126,000 earlier in the week [3] - The S&P 500, Nasdaq 100, gold, and silver have outperformed Bitcoin during this period [3] - Bitcoin's correlation with other assets has turned positive, suggesting it may catch up to these assets in the coming weeks [4] Volatility Trends - The Bitcoin volatility index has increased from 0.88% to 1.17% since the U.S. government shutdown, indicating a rise in price fluctuations [5][6] - Current volatility levels are comparable to those from a month ago but significantly lower than the spike to 2.87% seen in late March [6] ETF Inflows and Market Support - Bitcoin ETF inflows have matched last week's figures, with $2.7 billion in new funds reported this week [7] - The crypto market is expected to remain volatile but supported, particularly for Bitcoin, as long as ETF flows remain positive and no new macroeconomic shocks occur [7]

Jim Cramer: “Gold is finally catching up with the U.S. budget deficit.”Bitcoin season incoming 🚀 https://t.co/j0fsDL5Pph ...

Core Viewpoint - December Treasury note futures are currently in a downtrend, presenting a selling opportunity as prices are expected to weaken further [1][2]. Technical Analysis - The daily bar chart indicates that December Treasury note futures are in a fledgling downtrend, with the MACD indicator showing a bearish posture as the blue MACD line is below the red trigger line and both are trending lower [1]. - A move below the chart support at last week's low of 112.06 would empower bearish sentiment and create a selling opportunity, with a downside price objective of 110.00 or below [3]. Fundamental Factors - Persistent U.S. inflation is keeping bond yields elevated, which inversely affects prices, leading to concerns about the U.S. budget deficit that are causing investors, including sovereign nations, to avoid purchasing U.S. Treasuries [2].

Core Viewpoint - The Congressional Budget Office (CBO) director indicates that President Trump's tariffs have contributed to higher inflation than initially anticipated, contrasting with Wall Street analysts' expectations [1] Group 1: Economic Impact of Tariffs - The CBO analysis suggests that the economy has weakened since January, which is expected to exert downward pressure on inflation [1] - The CBO projects that Trump's tariffs will reduce the U.S. budget deficit by $4 trillion over the next decade, comprising $3.3 trillion in revenue and $700 billion in averted debt costs [2]

Market Trends - Jim Cramer states Bitcoin is a hedge against the U S budget deficit [1] Analyst Opinion - The report expresses skepticism with "Not again" regarding Jim Cramer's statement [1]