Asia Colour - 11 Jul 25
1/ Bitcoin trades at $118,000 this morning, marking a fresh all-time high. The rally reflects both market excitement and a foundation of strong macro drivers beneath the surface.
2/ One key catalyst is renewed frontloading by global manufacturers. Tariff threats are driving firms to import early and draw down credit, echoing past cycles of policy uncertainty.
3/ Business sentiment remains resilient. Copper prices are rising with industrial demand, suggesting liquidity is improving and economic momentum remains intact.
4/ Meanwhile, fiscal dominance is taking hold. High interest payments from the Treasury are recycling into the economy, benefiting households and large bondholders.
5/ $ETF inflows and crypto-treasury demand now outpace token issuance. As prices rise and NAV premiums persist, what looks like froth could simply be mass adoption.
1.69K
4
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.