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Deflationary Money Hits Different: Losing Half Its Price And Winning Anyway

Deflationary Money Hits Different: Losing Half Its Price And Winning Anyway Authored by Bryan Lutz, Contributor at The Sovereign Capitalist: The FUD is back, baby. Bitcoin is down nearly half from its 2025 high. And now, the obituaries are out of cold storage and back in heavy rotation. Sentiment surveys are scraping levels we haven’t seen since the 2022 crypto-winter, and the financial press has rediscovered its favorite genre: the Bitcoin post-mortem. And this time they’ve got a chart to wave around. The Dow just had its best year against Bitcoin since 2022...
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