Bitcoin Meets Fiscal Reality: Fidelity’s Timmer Predicts What’s Next
In a note published on Tuesday, Jurrien Timmer, Director of Global Macro at Fidelity Investments, discusses how a shifting economic landscape could influence markets, central bank policy, and the trajectory of both Bitcoin and gold. With the S&P 500 hitting new highs and the so-called “Trump Trade” reversing course, Timmer offers nuanced insights into fiscal policy, inflation, and the role of risk assets in a “limbo” market environment. The Trump Effect Timmer observes that the first six weeks of 2025 have brought unexpected market moves and an unusually high “noise-to-signal ratio.” The....
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Boston-based investment firm Fidelity presented one of the most bullish scenarios for the price of Bitcoin, Anthony Pompliano said in his podcast “The Best Business Show”. Based on the Stock-to-Flow model develop by analyst Plan B, BTC’s price could stand at $100 million by 2035. With over $10.4 trillion in assets under management, Fidelity investment and its digital assets stand-alone company Fidelity Digital has been bullish on Bitcoin for a long time. The company started dabbing into the crypto space as early as 2014, Pompliano said, and started developing mining capabilities and....
According to Fidelity’s Jurrien Timmer, Bitcoin is currently undervalued. The benchmark crypto has been pushed back to 2020 levels after losing over 70% of its value in the past months. Related Reading | Crypto Traders Lose $280 Million Following Bitcoin’s Break Above $22,000 At the time of writing, Bitcoin has begun showing some green as it makes its way back above its 2017 all-time high levels. The cryptocurrency trades at $21,900 with a 1% profit in the last 24 hours. Bitcoin At 2013 Valuation Levels, Most Underpriced In Years Via Twitter, Timmer wrote about the Crypto Winter and....
Anthony Pompliano made similar remarks on Monday, noting that Bitcoin’s “value and price are diverging” and that “weak hands are selling to strong hands.” Jurrien Timmer, Fidelity’s director of global macro, has argued that Bitcoin (BTC) may be “cheaper than it looks”, highlighting evidence on Tuesday that the cryptocurrency may be both undervalued and oversold. Addressing his 126,000 Twitter followers, Timmer explained that while Bitcoin has fallen back to 2020 levels, its price-to-network ratio has reeled all the way back to 2013 and 2017 levels, which he said may indicate it is....
In the world of stablecoins, Tether USDT was the king until the crash. Since then, others have fought seriously to take the position. But amid all the striving stablecoins, reports have revealed that USDC might soon take over the its position. The 2022 crypto market crash left a sour taste for the investors. Even though […]
Fidelity Investments' Jurrien Timmer stays upbeat on Bitcoin network strength, while another commentator flags a "compelling" risk/reward ratio at $20,000. Bitcoin (BTC) has not been this good value since it cost $1,130, one analyst argues as BTC offers a “compelling” risk/reward ratio.In a Twitter thread on July 7, Jurrien Timmer, director of global macro at asset manager Fidelity Investments, simply described $20,000 Bitcoin as “cheap.”Timmer: "In other words, Bitcoin is cheap"While fears that crypto markets could suffer further drawdowns this year remain, some believe that current....