“The U.S. slowdown seems clearly underway, and the Fed, behind the curve, might want to lower extra aggressively than beforehand anticipated. U.S. [Treasury] yields and the greenback are consequently repricing decrease, which is vastly bullish for bitcoin. Additional, with China ramping up stimulus and liquidity injections, mixed with a weaker greenback, international liquidity situations are set to speed up,” the founders of publication service LondonCryptoClub stated in Monday’s version.
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