The Gold to BTC Rotation Looks Underway
Oct 1, 2025
Discussed in today's video:
Dovish outlook: With the government shutdown halting NFP and unemployment data, the Fed will likely head into the next FOMC without updated labor numbers, reinforcing a dovish bias. ADP payrolls missed expectations, but were not enough to trigger growth fears. Flows and participation rising: MSTR’s rebound is encouraging, Bitcoin ETFs have seen multiple strong inflow days, and trading volumes are climbing across BTC and ETH, signaling renewed investor participation. Gold-to-Bitcoin rotation: Gold looks stretched and crowded, while histori...