CoinShares analyst James Butterfill said in a post on X that Bitcoin has continued to rise even as the interest-rate outlook has turned more hawkish. In his view, that move does not show crypto assets breaking away from macroeconomic conditions. Instead, he said the market is increasingly pricing in expectations tied to regulation, capital flows, and U.S. policy. Butterfill also pointed readers to his full analysis update for a more detailed explanation of the factors behind Bitcoin’s recent price action. The comments were posted through the @CoinSharesCo account and were cited by Techub News in a brief update.
CoinShares analyst James Butterfill said on X that Bitcoin has risen even as the interest-rate outlook has become more hawkish.
He said the move does not mean crypto assets have detached from the macro backdrop. Instead, he said, the market is pricing in expectations around regulation, capital flows, and U.S. policy.
Butterfill also urged investors to read his full analysis update for a closer look at the drivers behind Bitcoin’s recent price action. The post was published via the @CoinSharesCo account, according to Techub News.
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