In this podcast, they discuss Bitcoin's recent 27% spike amidst geopolitical events, a $500 million inflow into BlackRock's Bitcoin ETF, Wall Street interest in Bitcoin, and credit spreads' impact on Bitcoin's future performance.

In this episode, Nik brings us a markets update on bitcoin and traditional assets. We discuss the potential for bitcoin to become a strategic asset for the United States, BTC's 20% price pop after the early July selloff, and introduce our TBL Liquidity indicator to measure the world's monetary firepower. Nik also analyzes the latest moves in gold, oil, and Treasury yields. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys.Don’t pay more taxes than you have to. Talk to us today. Visit https://unchained.com/tbl?utm_campaig... and use code TBL for $100 off when you create an account. Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: / thebitcoinlayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer and its guests do not provide investment advice. Block Height 852923 #thebitcoinlayer Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #Bitcoin #StrategicAsset #BTC #PricePop #TBLIndicator #LiquidityIndicator #Gold #Oil #TreasuryYields #FinancialAnalysis #Bloomberg #Macroeconomic #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Learn #Teach #Teacher #Blockchain #Mining #BitcoinMining #macroSubscribe to The Bitcoin Layer on Soundwise

In this episode, Nik brings us a timely update on the path of interest rates in the United States, including a look at Treasury yields and the yield curve, an exploration into the "Trump trade" of a yield curve steepener, the latest with Fed cut expectations, and some bitcoin valuation analysis. Make sure you get your mortgage refinance applications ready, as rates are coming down. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys.Don’t pay more taxes than you have to. Talk to us today. Visit https://unchained.com/tbl?utm_campaig... and use code TBL for $100 off when you create an account. Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: / thebitcoinlayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer and its guests do not provide investment advice. Block Height 852781 #thebitcoinlayer Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #InterestRates #TreasuryYields #YieldCurve #TrumpTrade #FedCutExpectations #BitcoinValuation #MortgageRefinance #GlobalEconomy #GlobalMacroUpdate #FedRateCuts #FederalReserve #TreasuryYields #StockMarket #BitcoinVolatility #CPIInflation #FallingRents #EconomicUpdate #MarketInsights #RateCuts #Inflation #StockStrength #MacroEconomics #FinancialMarkets #InterestRates #EconomicTrends #SeptemberRateCuts #MarketVolatility #Bloomberg #Macroeconomic #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Learn #Teach #Teacher #Blockchain #Mining #BitcoinMining #macro Chapters: 00:00:00 - The Impact of Declining Interest Rates on Markets 00:02:23 - The Dominant Risk: Unemployment 00:04:43 - Bull Market for Treasuries 00:07:08 - Predicting Lower Treasury Rates 00:09:31 - Locking in a Lifetime Offer 00:11:37 - The Trump Steepening Trade 00:14:03 - Potential Interest Rate Cuts Before Christmas 00:16:24 - The Relationship between Sofer Usage and the Market 00:18:32 - Repo Markets and Bitcoin ValuationSubscribe to The Bitcoin Layer on Soundwise

In this episode, Nik brings us a timely update on the path of interest rates in the United States, including a look at Treasury yields and the yield curve, an exploration into the "Trump trade" of a yield curve steepener, the latest with Fed cut expectations, and some bitcoin valuation analysis. Make sure you get your mortgage refinance applications ready, as rates are coming down. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys.Don’t pay more taxes than you have to. Talk to us today. Visit https://unchained.com/tbl?utm_campaig... and use code TBL for $100 off when you create an account. Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: / thebitcoinlayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer and its guests do not provide investment advice. Block Height 852781 #thebitcoinlayer Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #InterestRates #TreasuryYields #YieldCurve #TrumpTrade #FedCutExpectations #BitcoinValuation #MortgageRefinance #GlobalEconomy #GlobalMacroUpdate #FedRateCuts #FederalReserve #TreasuryYields #StockMarket #BitcoinVolatility #CPIInflation #FallingRents #EconomicUpdate #MarketInsights #RateCuts #Inflation #StockStrength #MacroEconomics #FinancialMarkets #InterestRates #EconomicTrends #SeptemberRateCuts #MarketVolatility #Bloomberg #Macroeconomic #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Learn #Teach #Teacher #Blockchain #Mining #BitcoinMining #macro Chapters: 00:00:00 - Global Coordination of Central Bank Policies 00:03:41 - Bitcoin Financial Services Unchained 00:07:25 - The Market's Prediction of Rate Cuts 00:10:54 - The Importance of Listening to Treasury Yields 00:14:11 - The Lag of Policy Rates 00:17:43 - Rate cuts and easing policy debates 00:21:06 - The Stock Market Rally and its Impact on Bitcoin 00:24:43 - The FED and Cutting Rates 00:28:02 - The Relationship Between Treasury Yield and FundingSubscribe to The Bitcoin Layer on Soundwise

In this video, Joe discusses bitcoin's 2.5% pop following Saturday's assassination attempt and tragedy, and the 11% gain in the days since. Trump has been an outwardly pro-bitcoin candidate, stressing the importance of bitcoin self-custody and mining as a way to bolster U.S. energy independence. He walks through all of the positive statements Trump has made about BTC on the campaign trail. He also discusses JD Vance, the Senator that Trump has chosen for VP, and his pro-bitcoin policies enacted while in office, as well as his own personal bitcoin holdings. We indicate that while we should be skeptical of politicians, JD has put his money where his mouth is. Joe concludes by highlighting that the strong performance of bitcoin following Saturday's events is a preview of the environment for bitcoin's price if we get another 4-year Trump term come November. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys.Don’t pay more taxes than you have to. Talk to us today. Visit https://unchained.com/tbl?utm_campaig... and use code TBL for $100 off when you create an account. Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: / thebitcoinlayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer and its guests do not provide investment advice. Block Height 852492 #thebitcoinlayer Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #JoeConsorti #Bitcoin #BTC #BitcoinNews #BitcoinPrice #BitcoinUpdate #BitcoinMining #BitcoinSelfCustody #President #Pennsylvania #Trump #Trump2024 #JDVance #ProBitcoin #BitcoinPolitics #USPolitics #BitcoinGains #BitcoinMarket #BitcoinInvestment #BitcoinPerformance #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Learn #Teach #Teacher #Blockchain #Mining #BitcoinMining #macroSubscribe to The Bitcoin Layer on Soundwise

In this episode, Nik delivers a global macro update focused on the Fed cutting rates in September. He explains why the Fed is now officially locked in on rate cuts, offers insights on the signal we gain from Treasury yields, touches on the strength in stocks and the volatility in bitcoin, and finishes with a recap of the latest CPI inflation release and the power of falling rents. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys.Don’t pay more taxes than you have to. Talk to us today. Visit https://unchained.com/tbl?utm_campaig... and use code TBL for $100 off when you create an account. Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: / thebitcoinlayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer and its guests do not provide investment advice. Block Height 851877 #thebitcoinlayer Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #GlobalEconomy #GlobalMacroUpdate #FedRateCuts #FederalReserve #TreasuryYields #StockMarket #BitcoinVolatility #CPIInflation #FallingRents #EconomicUpdate #MarketInsights #RateCuts #Inflation #StockStrength #MacroEconomics #FinancialMarkets #InterestRates #EconomicTrends #SeptemberRateCuts #MarketVolatility #Bloomberg #Macroeconomic #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Learn #Teach #Teacher #Blockchain #Mining #BitcoinMining #macroSubscribe to The Bitcoin Layer on Soundwise

In this episode, Nik is joined by author Saifedean Ammous for a masterclass on economics. Saifedean teaches us about the importance of property rights in a capitalistic system and why anti-capitalist rhetoric can be so dangerous. He also explains the role of bitcoin, allowing people to properly save instead of consume. Limited government, taxes, and privately-funded infrastructure are also discussed. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys.Don’t pay more taxes than you have to. Talk to us today. Visit https://unchained.com/tbl?utm_campaign=the-bitcoin-layer&utm_medium=affiliate&utm_source=podcast&utm_content=podcast-description and use code TBL for $100 off when you create an account. Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: https://twitter.com/TheBitcoinLayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer and its guests do not provide investment advice. Block Height 851747 #TheBitcoinLayer Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #JoeConsorti #Economics #SaifedeanAmmous #PropertyRights #Capitalism #AntiCapitalism #Bitcoin #Savings #LimitedGovernment #Taxes #Infrastructure #EconomicMasterclass #FinancialEducation #CapitalisticSystem #PrivatelyFunded #NikPodcast #EconomicDiscussion #BitcoinSavings #GovernmentPolicy #MarketEconomics #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #RiverBitcoin #FreeMarket #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #macroSubscribe to The Bitcoin Layer on Soundwise

In this video, Joe walks through how bitcoin's 4-week 25% correction may be coming to a close. Despite Mt. Gox now redistributing 94,500 BTC, and the German government selling $21 billion in BTC over the weekend, bitcoin managed to spring off of the low-$50,000 level. Factors that have been headwinds for BTC over the last month are no longer hurting its market price, and after a 7.5% weekly drop, the 4th largest since FTX collapsed, bitcoin may have just set a local bottom for the remainder of the bull market. Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: / thebitcoinlayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer and its guests do not provide investment advice. Block Height 851476 #thebitcoinlayer Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #JoeConsorti #BitcoinBull #BitcoinBear #Correction #BitcoinCorrection #MtGox #BTCRecovery #BitcoinPrice #BTCUSD #MarketAnalysis #InvestmentInsights #FinancialTrends #MarketPerformance #EconomicAnalysis #MovingAverages #InvestorConfidence #CapitalFlows #LiquidityProxy #LongTermPerspective #InvestmentStrategy #MarketNews #FinancialInsights #InvestmentTrends #MarketAnalysis #FinancialMarkets #EconomicTrends #MarketUpdates #InvestmentTools #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Learn #Teach #Teacher #Blockchain #Mining #BitcoinMining #macroSubscribe to The Bitcoin Layer on Soundwise

In this episode, Nik delivers a global macroeconomic update after the all-important ISM manufacturing and services surveys, and a close technical look at bitcoin, stocks, and Treasury yields. We remain on recession watch after a scary ISM services contraction and multi-year high in unemployment claims. Stay to the end of the episode for Nik's crucial bitcoin technical area to watch. Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: / thebitcoinlayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer and its guests do not provide investment advice. Block Height 850585 #thebitcoinlayer Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #GlobalEconomy #MacroeconomicUpdate #ISMReport #ManufacturingSurvey #ServicesSurvey #BitcoinAnalysis #StockMarket #TreasuryYields #RecessionWatch #UnemploymentClaims #TechnicalAnalysis #EconomicUpdate #FinancialNews #MarketTrends #NikTalksFinance #InvestmentInsights #EconomicIndicators #BitcoinTechnicalAnalysis #FinancialMarkets #EconomicOutlook #InvestmentStrategies #MarketWatch #EconomicTrends #BitcoinWatch #FinancialUpdate #InvestmentAnalysis #BitcoinInvestment #Bloomberg #Macroeconomic #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Learn #Teach #Teacher #Blockchain #Mining #BitcoinMining #macroSubscribe to The Bitcoin Layer on Soundwise

Exploring ETF buyers re-entering the market, BTC likely to break consolidation. S&P 500 correlation dropping, hinting at BTC bull run. BTC dominance analysis shows more upside potential. S&P 500's second half performance may impact Bitcoin positively.