Cryptopoli

Grafa

Fed policy tug-of-war reshapes Bitcoin store-of-value rivals

  • Grayscale linked Bitcoin’s long-term outlook to Federal Reserve interest-rate policy, arguing that lower rates could support demand for digital store-of-value assets. 
  • The theme connects several major crypto assets through monetary policy, institutional investment flows and growing adoption of exchange-traded products. 
  • Persistent inflation, regulatory uncertainty and the risk of higher-for-longer interest rates remain key challenges for the sector. 
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Bloomberg

Markets Expected Starmer's Resignation as UK PM: Amundi

Amundi Investment Institute Head Monica Defend discusses the market reaction to Keir Starmer's announcement that he will step down as British prime minister. Speaking on Bloomberg Television, she says "this was largely expected," which justifies the "containment in volatility." Defend adds there is still value on the yield and that "the real story is one of fiscal discipline."

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Bloomberg

Starmer Could Set Out Resignation Timetable Imminently

Allies of Keir Starmer expect him to set out a timetable for his departure as UK prime minister imminently. A statement from Starmer ceding power could come as soon as Monday, people familiar with the matter said, although they cautioned that was not certain. The move could pave the way for Andy Burnham to replace him and it would put Britain on a course for its seventh premier in a decade. Bloomberg's Joe Mayes reports from Downing Street.

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