Bitcoin’s role in the global macroeconomy is evolving as a decentralized, non-sovereign asset with a fixed supply, positioning it as a potential hedge against inflation and currency debasement. Its $1.3T market cap and low correlation with traditional assets like stocks (0.4 with Nasdaq) enhance its appeal amid economic uncertainty. While volatile, Bitcoin’s performance during crises—e.g., rising post-2020 GDP contraction—suggests safe-haven potential, akin to gold. However, risks like regulatory uncertainty and speculative bubbles challenge its reliability. Institutional adoption via ETFs further signals its growing macro relevance.