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Trump’s Growth Pledge Ignites Bitcoin Rally—Deficit Concerns Fuel BTC & Gold Bull Run

Trump’s Growth Pledge Ignites Bitcoin Rally—Deficit Concerns Fuel BTC & Gold Bull Run

Author:
Coindesk
Published:
2025-06-29 22:51:40
20
2

Bitcoin Jumps After Trump Says Growth Will Offset Deficits, Boosting Bull Case for BTC and Gold

Bitcoin surges as Trump bets on economic growth to outpace deficits—gold catches the same safe-haven bid.

Market Moves: Crypto and precious metals spike on political optimism.

Trump’s latest comments lit a fire under Bitcoin, with traders piling into BTC and gold as hedge assets. The former president’s confidence in growth offsetting deficits echoes a familiar Wall Street mantra—one that rarely pans out as promised.

Bull Case Strengthens: Institutional flows into Bitcoin ETFs and gold futures suggest big money isn’t buying the 'soft landing' narrative either.

Cynical Take: Another day, another politician pretending deficits don’t matter—until they do.

|Square

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