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Grayscale: Bitcoin could catch up with the stock market.
Since the start of the US-Iran conflict, US equities are up 9%, while $BTC is down 1% and gold has lost 20%.
According to Grayscale, investors may have started pricing in the possibility of a Fed rate hike in 2026, which is putting pressure on both Bitcoin and gold.
However, Grayscale’s base case is that the Fed will not tighten monetary policy.
If that view is correct, BTC could quickly close the gap with equities.
Grayscale still views Bitcoin as “digital gold” and as a long-term investment in the growth of the crypto market.#MyGateTradeStory