Macro accommodative policies may not be Bitcoin's next big catalyst

ProCap Financial chief investment officer Jeff Park told Anthony Pompliano on The Pomp Podcast that the common assumption—falling interest rates are automatically bullish for Bitcoin—could be wrong, and that more accommodative policies may in fact actually not be the catalyst to help us go into a bull market.

Accommodative policies, such as lowering interest rates, are employed by the US Federal Reserve to stimulate economic growth, reduce unemployment, and increase liquidity. Bitcoiners often see these conditions as more favorable for riskier assets such as Bitcoin, as traditional investments like bonds and term deposits become less attractive.

Park said Bitcoin’s next biggest upside catalyst — and potentially its “endgame” — may be its entry into what he called a “positive row Bitcoin,” where the asset’s price continues to rise even as US Federal Reserve interest rates rise.

United States