deVere Boss Forecasts Likely Surge In Bitcoin Price On Possible U.S Stagflation

Ahead of the June 10 release of U.S inflation data, and with the Federal Reserve now openly warning of stagflation, Nigel Green, chief executive of deVere Group, one of the world’s largest financial advisory and asset management organizations sees Bitcoin rapidly emerging as preferred option for investors seeking insulation from mounting economic stress.

The expected rise in US consumer prices, coupled with weakening labour and investment data, he warns, is a sign that the world’s largest economy is now firmly in stagflation.

Stagflation describes the rare and dangerous combination of persistent inflation, low growth, and rising unemployment in an economy.

For Green, “stagflation is no longer an academic debate—it appears to be the Fed’s base case.

“When central banks start using the word publicly, it confirms what markets are already feeling, and in this environment, Bitcoin becomes a standout option,” he stressed,

Headline inflation in the U.S is forecast to climb to 2.5%, with core inflation up to 2.9%, especially with tariffs introduced under President Trump now hitting many key imports by as much as 10–50% duties, fuelling price pressures.

The impact of this has been particularly felt in consumer goods like clothing, furniture, and auto components, just as jobless claims are rising and business investment slowing down.

Continuing, the deVere boss explains that “this is policy-driven inflation combined with real economic weakness.

“When those forces collide, conventional assets become vulnerable. Bitcoin is one of the few that stands apart,” he added.

Recall that Fed Chair Jerome Powell recently acknowledged the fact that inflation is not subsiding as expected, even as recent data suggest a deteriorating outlook for the broader economy.

The central bank’s own messaging has shifted, reflecting the growing view that it may be cornered—unable to raise rates without deepening the downturn, and unable to cut them without fuelling inflation.

According to Green, “this is what stagflation looks like. There’s no obvious policy response. That’s why we’re seeing clients globally repositioning—and Bitcoin is increasingly where they’re going.”

Bitcoin’s appeal lies in its independence from governments, its fixed supply, and its growing role as a hedge against both monetary distortion and fiat currency risk.

As traditional safe havens face pressure, the case for decentralised stores of value is strengthening fast, he said.

“Bitcoin doesn’t rely on interest rate policy or political stability. It operates on entirely different rails,” says Nigel Green. “This makes it extremely attractive in a moment like this, where markets are struggling to price what comes next.”

deVere Group has long advocated for including established digital assets in portfolios, particularly in times of macro dislocation and rising uncertainty. The current environment, says the deVere chief executive, is a textbook example.

For him, therefore, “investors need to be positioned before the next wave of capital moves. Waiting for clarity means missing the repricing.”

With Bitcoin consolidating and adoption expanding globally, the asset is no longer viewed as speculative. It’s being approached as a strategic allocation by those who recognise the constraints now facing policymakers, and the risks those constraints pose to traditional asset classes.

“The Fed has made it clear: the inflation problem hasn’t gone away, and the growth problem is getting worse,” Nigel Green concludes.

“In that scenario, Bitcoin’s characteristics are exactly what savvy investors are looking for.”