Bitcoin and the broader equity markets declined amid a global risk-off move, driven by a mix of macro and geopolitical factors.
Next Fed chair speculation centers on former Fed Governor Kevin Warsh as the frontrunner following reports of a high-profile White House meeting on Thursday.
A late-night Senate deal to fund the government has temporarily eased equity selloffs after cryptoβs $1.75 billion liquidation events
Bitcoin Slips to $82K as Liquidations Spike to $1.7B
Bitcoin has hit a nine-month low of $82,134 amid escalating policy shifts, including President Trump's Friday Fed Chair announcement.
Just to explain to what debasement trade is all about.
A debasement trade is an investment strategy built around the idea that governments debase their currency over time (through money printing, deficits, inflation, QE, etc.). The trade is to own assets that benefit when fiat money loses purchasing power.
Core idea
When currency supply grows faster than real economic output β money buys less β hard or scarce assets tend to rise in nominal terms.
Classic debasement assets
Gold & silver (the OGs)
Bitcoin (digital scarcity angle)
Commodities (oil, copper, agriculture)
Real estate
Equities with pricing power (especially real assets / energy / miners)
What youβre usually betting against
Cash
Long-duration bonds (especially at low yields)
Fixed-income assets that donβt adjust for inflation
When the debasement trade tends to work best
High or rising inflation
Negative real interest rates
Large fiscal deficits
Central banks prioritizing growth over currency strength
Simple example
If inflation is 6% and bonds yield 3%, your real return is -3% β capital flows into assets that can store value better than cash.
Risks / when it fails
Strong disinflation or deflation
Tight monetary policy (high real rates)
Asset bubbles getting ahead of fundamentals
If you want, I can:
Compare gold vs Bitcoin in the debasement trade
Talk portfolio allocation
Or break down how institutions actually express this trade
Just tell me the angle youβre thinking about.
