Bitcoin is still climbing even after the Federal Reserve’s latest rate hike, according to comments from Market Disruptors podcast host Mark Moss cited by Bitcoin Magazine. Moss said many people are misreading the reason behind higher long-term rates, arguing that a strong economy could be one explanation rather than a purely negative signal for risk assets. He also said Bitcoin is benefiting from both a currency-debasement trade and a bullish view on the future of technology. Moss pointed to the United States’ $40 trillion debt load and described a monetary reset as a process rather than a single event. He said there are four possible ways to address the debt problem and flagged the 2029 to 2030 period as a key window to watch. In the same discussion, he touched on stablecoins and the Genius Act, saying roughly 6 billion people around the world want to hold U.S. dollars. Moss also said institutions are buying Bitcoin while retail investors are selling, and cited Bitcoin’s S-curve and compound annual growth rate in laying out a $1 million price target.
Bitcoin is still moving higher even though the Federal Reserve has just raised rates, Market Disruptors podcast host Mark Moss said in remarks cited by Bitcoin Magazine.
Moss said many people are misreading the reason long-term interest rates are rising. In his view, a strong economy could be part of the answer. He also said Bitcoin is benefiting from both a currency-debasement trade and a bullish technology future.
He pointed to the United States’ $40 trillion debt burden and said a monetary reset should be viewed as a process, not a single event. Moss said there are four ways to deal with the debt problem and placed particular focus on the period from 2029 to 2030.
Moss also discussed stablecoins and the Genius Act, saying about 6 billion people globally want to hold U.S. dollars.
He added that institutions are buying Bitcoin while retail is selling. Citing Bitcoin’s S-curve and compound annual growth rate, Moss gave a $1 million price target.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
