Macro· ★★★· bullish·

Bitwise CIO: bitcoin rally to continue while debt concerns persist

  • The probability of the CLARITY Act passing on Polymarket fell from 39% to 18%
  • Over the same period bitcoin rose 38%
  • Hougan links BTC's dynamics to US debt concerns, not regulation
Why it matters: An argument that macro factors, not crypto regulation, determine bitcoin's price.
Source: Bitcoin Sistemi