🔥BITCOIN’S “ENDGAME” MAY BE ARRIVING. Jeff Park says markets are used to “negative rho Bitcoin” — where lower rates and easier policy lift all risk assets, including BTC. But he argues the real “mythical, elusive, perfect holy grail” is “positive rho Bitcoin” — when Bitcoin rises as interest rates rise. If markets can’t price the yield curve like before, he says we may need “a different model of commodities." "Bitcoin is that hedge.”
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