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Bitcoin is rallying out of a major drawdown while funding rates stay flat, shorts get squeezed, and spot demand keeps absorbing supply. In this episode, Hurley breaks down Admiral Paparo’s Bitcoin node testimony, Scott Bessent’s defense of dollar primacy, the bank-state nexus, and why this may be the most important macro Bitcoin signal yet. If Bitcoin is becoming a national security asset while the dollar system fights to preserve control, this rally means far more than price.