June 07, 2024

Global Macro Update: Fed Will Print, Bitcoin STUCK At $70,000, Rate Cuts

35 minutes

In this episode, Nik recaps an eventful week in economic releases and bitcoin price movement. He explains the latest developments in the labor market, analyzes bitcoin fundamentals and price behavior, considers the election's impact on Treasuries, and concludes with an opinion on the state of the Fed's ample reserves framework. His ultimate conclusion is that the Fed will be forced to expand its balance sheet.

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Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc

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