Will central bank cash injections help Bitcoin beat the bears? QCPCapital investigates.
“And while we were focused on USD liquidity – from the Fed’s QT and Reserve balance, we’ve missed the massive liquidity injection by the Bank of Japan and People’s Bank of China over the past 3 months,” QCP continues.
QCP refers to the dichotomy between U.S. policy and China and Japan — quantitative tightening versus quantitative easing . Regardless of what the Fed does, extra liquidity in one place is all but guaranteed to trickle into risk assets such as crypto.
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