Liquidity’s Grip On Crypto: How Central Bank Policies Are Reshaping Bitcoin’s Fate
Bloomberg Intelligence analyst Jamie Coutts has offered a compelling perspective on the future of the cryptocurrency market, emphasizing its close ties with broader economic trends, outlining how central bank liquidity and the global money supply (M2) are intricately linked to the dynamics of the cryptocurrency market, particularly Bitcoin (CRYPTO: BTC). Coutts pointed out that the liquidity cycle, which reached its nadir in the fourth quarter of 2022, plays a crucial role in determining the rate of blockchain adoption. Despite the volatility in crypto asset prices, he observed a consistent ye…