Even though it is often described as “digital gold,” the movement data in Q2 and Q3 2026 shows that Bitcoin is currently more sensitive to central bank monetary policy (a hawkish Fed) and global liquidity than simply serving as a hedge against geopolitical risk. As risk rises, investors tend to move into cash (as evidenced by the recent all-time high in new stablecoin supply).#SummerCreationCamp

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