China's stimulus of its economy as the USD declines will provide a new liquidity wave for Bitcoin. What does this mean for BTC?
Investor risk exposure due to recession fears is decreasing, as global liquidity in crypto is still on the rise.
The U.S. plays a crucial role in liquidity, especially with ongoing bill issuance. So, a weaker dollar can lead to increased liquidity from other central banks.The Federal Reserve’s reserve bank credit dropped by $10 billion last week, but rising collateral values caused a slight uptick in the Global Liquidity Index , now at $125.975 trillion, a 0.165% increase.
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