Bitcoin Supercycle? Jeff Park Says Gold’s $1 Trillion Gains Could Spark It
In a wide-ranging interview with Anthony Pompliano published on October 2, Jeff Park, partner and Chief Investing Officer at ProCap BTC, argued that gold’s surging price and shifting global ownership patterns are not a threat to Bitcoin—but potentially the catalyst for its next structural leg higher. Park’s thesis centers on flows, geopolitics, and balance-sheet mechanics: if policymakers and large allocators learn to tap the paper gains embedded in sovereign gold holdings, they could redirect a meaningful slice of that liquidity into Bitcoin and ignite what he repeatedly framed as a....
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In one of the most striking moments of this cycle, gold has lost trillions in market capitalization, a drawdown larger than the entire value of Bitcoin itself. The metal that once symbolized stability is now showing cracks, while BTC, the asset branded as volatile, has remained remarkably resilient. What It Means For Bitcoin Next Market Cycle For decades, gold has been hailed as the ultimate safe-haven, and it has been rock-solid. However, a seasoned financial analyst, Tom Tucker, has revealed on X that Gold, the world’s oldest store of value, has lost $2.5 trillion in market value, which....
ProCap chief investment officer Jeff Park has outlined what he believes could cause Bitcoin to surge dramatically and hit the next “supercycle”: a government purchase by a major developed nation. Related Reading: Bitcoin’s $200K Runway Extended To 2029, Analyst Says According to reports, Park said the move would have to be genuine, not a rumor […]
Crypto analyst Trader Tardigrade has revealed that a Dogecoin Supercycle 2 is loading. The analyst further provided insights into why the meme coin’s price could surge above $10, as it mirrors the SuperCycle 1. Dogecoin SuperCycle 2 To Happen In The Coming Months In an X post, Trader Tardigrade predicted that the Dogecoin SuperCycle 2 […]
In a CoinStories interview with Nathalie Brunell, Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, argued that US sovereign Bitcoin holdings are a matter of “when,” not “if”—but only via a deliberate, legislated process and likely in concert with key allies. Park stated plainly: “It will be inevitable that governments will buy Bitcoin […]
In a conversation with journalist Laura Shin on the latest episode of Unchained, Bitwise Head of Alpha Strategies Jeff Park sketched a future in which Japan’s financial system—and the political imperatives that underpin it—place the country at the fulcrum of the next major wave of institutional Bitcoin adoption. Park, a former macro portfolio manager who […]