Matrixport: US Economy Shows Resilience, Benefiting Bitcoin and Risk Assets

BlockBeats News, September 19th, Matrixport released a market insight stating, "The U.S. economy continues to demonstrate resilience, benefiting from a tightening credit spread, which has reduced refinancing costs and cushioned the impact of tariffs. An accommodative financing environment, coupled with enterprises enhancing efficiency through artificial intelligence applications, has laid a solid foundation for risk assets. Historically, a tightening credit spread has often coincided with strong performance in stocks and Bitcoin, reinforcing the expectation that this round of the market is likely to continue."

"The main risk to the current trend is inflation. Although still above target, Matrixport's model predicts that inflation will fall below 2.0% in the coming quarters, thereby prompting the Fed to enter a more prolonged easing phase. This contrasts with the market's general expectation – the consensus believes that fiscal stimulus and deglobalization will sustain high inflation. However, considering the decline in energy and housing costs, the likelihood of inflation persistently exceeding 3.0% remains slim."

"While the core drivers of the next phase of Bitcoin have not yet emerged, a new upward trend has already begun to form."