Analysis: Macroeconomic factors help Bitcoin continue to rise, while inflation remains the core risk

A Matrixport investment research report points to the resilient US economy. Narrowing credit spreads are reducing corporate refinancing costs, driving the application of artificial intelligence to improve operational efficiency, and providing support for risky assets. Historical data shows that narrowing credit spreads often accompany strength in the stock market and Bitcoin, increasing the likelihood that the current Bitcoin rally will continue. However, inflation remains a core risk. Models predict that the inflation rate will fall below 2.0% in the future, which differs from market consensus. Falling energy prices and lower housing costs may reduce the likelihood of prolonged high inflation. While the drivers of Bitcoin's next rally remain unclear, a new round of upward momentum is gradually building.