The Next Major Bull Market in Crypto Has Begun
The next major bull market in crypto currencies has just begun.
While the investing world obsesses over stocks, Bitcoin has more than doubled the performance of the S&P 500 from the April 8th lows.
And while the S&P 500 is still well below its all-time highs, Bitcoin is already challenging its former all-time highs. Remember, this is just in the last month too!
It’s not as if this is an unusual situation in the crypto space. In fact, Bitcoin’s returns since the April lows are relatively tame! Other crypto currencies are up a lot more. Litecoin is up 46%, DOGE is up 65% and Ethereum is up an incredible 70%.
What is the signal here?
Crypto is signaling that a global reflation trade is underway, driven by trade deals and the anticipation of a tsunamic of liquidity as central banks are forced to start printing money/ injecting stimulus into the financial system.
Indeed, as ZeroHedge illustrates with the below chart, the global monetary supply is soaring once again. This typically leads crypto currencies by about three months, so in truth this crypto move is just getting started.
Bitcoin is one of our top investment picks for 2025. We detail it and two others in a Special Investment Report titled How to Profit From Inflation.
Normally this report is only available to our paying clients, but in light of what’s happening in the markets today, we are making just 99 copies available to the general public.
To pick up one of the remaining copies…
Graham Summers, MBA
Chief Market Strategist
Phoenix Capital Research