The Wolf Of All Streets Bitcoin Heating Up | New All-Time High Soon?
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Jul 3, 2025 Edan Yago, from Bitcoin OS, champions macroeconomics and the tokenization of stocks, while David Duong of Coinbase sheds light on jobs reports and interest rates. They discuss Bitcoin's surge past $109K and the implications of recent economic data. The conversation dives into the ongoing tokenization war in crypto, including the launch of a Solana staking ETF and how institutions are redefining their approach to Bitcoin. The dynamics of corporate Bitcoin treasuries and new ETF innovations spark great enthusiasm among investors.
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Jobs Report Impacts Fed Rate Cuts
- A strong jobs report reduces the likelihood of Fed rate cuts in the near term.
- This means less liquidity and less monetary stimulus, which usually hurts Bitcoin price temporarily.
Fed Rate Cuts Still Expected
- Despite strong jobs data, rate cuts of 25 bips in September and October remain likely.
- Tariffs reduce aggregate demand, creating disinflationary pressure that supports future rate cuts.
US Debt Drives Inevitable Rate Cuts
- The US must cut interest rates eventually due to unsustainable debt interest payments.
- Rate cuts are likely driven more by fiscal constraints than immediate economic data.