Macroeconomic tremors from China and the US have put Bitcoin (BTC) in the spotlight, offering fertile ground for its narrative as a hedge against traditional finance (TradFi) instability. The influence of macroeconomic factors and forces on Bitcoin has escalated from 2024 to 2025, after a period when it dissipated in 2023. Bitcoin Gains from China’s Rate Cut and US Credit Downgrade On Tuesday, the People’s Bank of China (PBOC) cut its benchmark lending rates for the first time in seven months. Specifically, it lowered the 1-year Loan Prime Rate (LPR) from 3
source: https://beincrypto.com/bitcoin-pboc-rate-cuts-us-credit-downgrade/