In this episode, Nik breaks down why Bitcoin remains resilient despite year-to-date weakness by applying the TBL Liquidity framework. He walks through inflation expectations, energy prices, Treasury yields, and housing costs to explain how policy choices around oil production, affordability, and fiscal math shape liquidity conditions. Nik shows why lower inflation is the key driver for lower yields, how energy prices feed directly into CPI, and what calmer bond markets could mean for Bitcoin heading into 2026.
Episode links:
đ Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
đ The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
âśď¸ Subscribe and turn on notifications for TBL on YouTube.
đ Subscribe to TBLâs research letter: https://thebitcoinlayer.com/subscribe
đ§ Subscribe to The Bitcoin Layer on your favorite podcast platform.
đą Follow TBL on X: https://twitter.com/TheBitcoinLayer
đŠ Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
𧢠Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
âď¸ âżlock Height 928340
⥠Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Lead Statistician Augustine Carrasco Twitter: https://x.com/AugustineCarrB
The Bitcoin Layer and its guests do not provide investment advice.
