Bitcoin Macro Bull Case: Debt, Institutions & AI Rotation
US national debt hits a record $40.53T while crypto bulls argue high-IQ investors are quietly rotating from gold and AI into BTC, with BlackRock, Fidelity, and JPMorgan all reportedly bullish.
What we know
An account on X RTs the $40.53T US debt milestone (up $2.5T in 12 months) as a structural BTC bull case. He also claims another account on X that gold and AI holders are silently rotating into BTC, and RTs another account on X noting BlackRock, Fidelity, and JPMorgan are bullish while BTC skeptics cite a handful of individuals. Another account on X also RTs a viral AI-generated summary of Jason Calacanis's poor BTC prediction track record as a counter to vocal bearishness.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.