The post Billionaire Gundlach Says Bitcoin Is “Hype,” Predicts No Fed Rate Cuts in 2026 appeared first on Coinpedia Fintech News
DoubleLine CEO Jeffrey Gundlach took a direct shot at Bitcoin during a CNBC interview right after the Federal Reserve’s January 2026 press conference.
The billionaire investor pointed out that gold has climbed 90% over the past 12 months while Bitcoin has dropped over the same period. He called the shift a move away from “hype” and toward tangible assets.
Gundlach quoted investor Jim Grant: “The price of gold is the reciprocal of investors’ confidence in central banking.”
Powell Keeps Rates Steady, Gives No Guidance
Fed Chair Jerome Powell held rates at 3.5% to 3.75% but offered little else. Gundlach summed up the press conference with what he called his “phrase of the meeting,” Powell’s repeated line: “I got nothing for you on that.”
Gundlach said he expects no more rate cuts under Powell’s remaining two meetings.
Dollar Losing Safe-Haven Status
Gundlach made a bold claim about the U.S. dollar. He said it no longer works as a safe haven.
He explained that in all 12 S&P 500 corrections since 2000, the dollar rose 8%-10%. But during the March-April 2025 correction, the dollar fell 8%-10% instead. He blamed this on growing debt concerns and long-term fiscal problems.
Gundlach has held his weak-dollar view for about two years. He believes the dollar will stay “secularly weak” even if the broader economy slows down.
.article-inside-link {
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
}
.entry ul.article-inside-link li {
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
}
.entry ul.article-inside-link li:last-child {
display: none;
}
- Also Read :
- Gold Price Leads While Bitcoin Underperforms in Risk-Off Markets – Here’s Why
- ,
Inflation Still Running Hot
Gundlach also flagged that inflation remains well above the Fed’s 2% target. The five-year average sits at 3.9%, and the GDP deflator is running above 3%.
He broke it down simply: 3% inflation over 15 years means prices rise 56%. At 2%, that number is only 35%.
For crypto holders watching macro trends, Gundlach’s stance is worth noting. If more capital keeps flowing into gold over risk assets like Bitcoin, the “digital gold” narrative faces a real test in 2026.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQs
Major risks include global recessions, tighter crypto regulations, declining liquidity, or a sustained breakdown below key support levels.
Bitcoin price forecasts for 2030 range from $380K to $900K, driven by scarcity, long-term adoption, and expanding institutional participation.
While uncertain, many long-term projections suggest Bitcoin could exceed $1 million by 2050 if it becomes a global store of value.
Bitcoin’s fixed supply makes it attractive as an inflation hedge, especially during currency debasement and long-term economic uncertainty.