The David Lin Report Bitcoin, Stocks Smash Records, Make History; What's Fuelling Rally?
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Jul 11, 2025 Bitcoin is making headlines by hitting new record highs, while the bond market and labor data reveal intriguing trends. Geopolitical tensions are on the rise as Houthi rebels target maritime shipping routes, impacting global oil prices. The Pentagon's recent investment in rare earth mining adds another layer of complexity to market dynamics. Additionally, changes to Medicaid eligibility could affect millions, stirring conversations about healthcare and funding in America.
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Bitcoin's Record Rally Drivers
- Bitcoin reached a record high of $113,000 driven by $15 billion institutional ETF inflows since April.
- Federal Reserve rate cut signals and Bitcoin's inflation hedge status fueled the rally.
Jack Mauler on Bitcoin Hedge Anecdote
- Jack Mauler shares his father's view of Bitcoin as the best way to short the dollar during currency debasement.
- He explains owning exchanges and real assets as strategies to avoid currency debasement.
Bond Market Auction Stability
- Treasury yields initially rose due to strong labor data but then fell sharply after a $39 billion 10-year notes auction.
- The auction's strong demand helped curb bond market sell-off, signaling confidence among investors.