According to crypto executive Jeff Park, the true test for Bitcoin’s bull market will be its ability to sustain price increases even as the US Federal Reserve raises interest rates. Traditionally, accommodative policies like low rates have supported asset price growth, but Bitcoin reaching this “endgame” would demonstrate its resilience and maturity as an asset class. This potential shift could redefine how investors view Bitcoin’s value, moving beyond dependence on macroeconomic easing. Park’s insight highlights a pivotal moment in cryptocurrency’s evolution amid changing monetary conditions.
Bitcoin reaching a point where its price keeps rising even as the US Federal Reserve hikes interest rates would be “the endgame,” according to crypto executive Jeff Park.
Source: Cointelegraph