On July 14, a 10x Research report pointed out that Bitcoin has hit a new all-time high, and this round of gains is not driven by market hype, but by deeper macroeconomic factors. The massive U.S. deficit spending, the new $5 trillion debt ceiling, and the upcoming crypto policy report are reshaping the market landscape. Bitcoin has transformed from a technology asset into a macro hedge against unrestrained government spending. Analysts expect the FOMC meetings on July 22 and July 30 to be key catalysts that could further redefine Bitcoin's role in the financial system. [Deep Tide TechFlow]