Overview

• Bitcoin and gold extended gains as the U.S. dollar softened, reflecting a rotation toward hard assets reported in the latest coverage.
• The so‑called debasement trade describes reallocating capital to scarce stores of value when markets expect deficits to be financed with cheaper money.
• Proponents point to Bitcoin’s fixed 21 million supply and programmed halvings to explain its appeal as an inflation hedge.
• CoinCentral reports that central banks are increasing gold reserves while cutting exposure to the U.S. dollar.
• Commentary notes rising interest from asset managers in Bitcoin and contends that continued money printing would keep supporting real assets.