Fidelity Director: Bitcoin Near Key Breakout Milestone 

He sees this shift as a pivotal turning point in the cryptocurrency’s development. Timmer argues that Bitcoin’s movement away from traditional financial assets signals a new chapter in its journey.

Monetary Expansion Fuels Hard Asset Rally

The global M2 money supply has now reached $111.9 trillion, reflecting aggressive central bank activity. Both Bitcoin and gold have reacted sharply to this liquidity boost. Investors appear to view both assets as shields against fiat currency dilution.

Bitcoin Outpaces Gold in Market Momentum

After trailing gold during earlier volatility, Bitcoin has pushed past its former high, touching $112,000. Timmer noted that BTC, often tied to tech stocks, now shows signs of forging its own path.

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Crypto Market Cools as Bitcoin Retreats from Post-Tariff Highs

He likened the current trend to a moment when both gold and Bitcoin take the field together—each with a clear purpose as a store of value.

This separation from equities could give Bitcoin new credibility as a long-term hedge. Timmer suggests that if this trend holds, Bitcoin’s next milestone might reshape how investors view monetary safety.

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