macro

Bitcoin Decoupling From Nasdaq, Says Grayscale as 'Debasement Trade' Comes Into Focus: Rising Debt, Defic - Benzinga

Source: Benzinga

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DW NOTE

Grayscale's timing is convenient. Bitcoin traded in lockstep with the Nasdaq through most of 2024 and 2025—until the Strait of Hormuz closed and oil hit $120. Now that correlation has broken for three months running, suddenly it's a "debasement trade." The US deficit is $1.4 trillion through June, 3% higher than last year—but the real debasement is the $6 trillion the Fed printed in 2020-21 that no one wants to discuss.

Read the full story at Benzinga →

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Gulf Producers Find Workarounds As Hormuz Tensions Persist

Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the Iran war, according to a senior official at state-owned Kuwait Petroleum Corporation (KPC). Kuwait has managed to ramp u

Bitcoin Decoupling From Nasdaq, Says Grayscale as 'Debasement Trade' Comes Into Focus: Rising Debt, Defic - Benzinga

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EM debt fares well amid US Treasury selloff - EnterpriseAM

Gulf Producers Find Workarounds As Hormuz Tensions Persist

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