- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Official Verification
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- Quick Buy
  Buy with bank card, Apple Pay, Google Pay, PIX, or SEPA
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

10x Research: The Bitcoin Narrative has completely shifted, evolving into a macro hedge asset against deficit spending

By: theblockbeats.news|2025/07/14 02:01:42

BlockBeats News, July 14th, 10x Research released a report stating that the rapid convergence of three major events is taking place: the US's $5 trillion new debt ceiling, soaring deficit spending, and the upcoming crypto policy from the Trump team. The two major catalysts, the July 22nd and July 30th FOMC meetings, may redefine Bitcoin's role in the financial system.

Bitcoin hits a new high, with the typical upward path driven by July's seasonal factors, coupled with the market quickly shifting from selling bullish options to actively buying them, along with a wave of short covering, all working together to boost the market. On the surface, there are many reasons for Bitcoin's rise, but there is only one truly key reason.

That is, the narrative has completely changed: no one is talking about blockchain use cases or Bitcoin's technical prospects anymore. Bitcoin is now seen as a macro asset, a hedge against unlimited deficit spending.

Musk Says Tesla Shareholders Will Vote on Whether to Invest in xAI

Shitcoin Season Index Rises to 32