Home Cryptocurrency Jeff Park: Bitcoin is in a bear market with broken liquidity correlations, US policy is shifting towards centralization, and the importance of ‘peacetime’ vs. ‘wartime’ Bitcoin | The Pomp Podcast

Jeff Park: Bitcoin is in a bear market with broken liquidity correlations, US policy is shifting towards centralization, and the importance of ‘peacetime’ vs. ‘wartime’ Bitcoin | The Pomp Podcast

Bitcoin is currently in a bear market, and more accommodative policies might not trigger a bull market. The historical correlation between global liquidity and Bitcoin’s performance has been disrupted. Global liquidity is currently around $170 trillion and continues to rise.

The post Jeff Park: Bitcoin is in a bear market with broken liquidity correlations, US policy is shifting towards centralization, and the importance of ‘peacetime’ vs. ‘wartime’ Bitcoin | The Pomp Podcast appeared first on Crypto Briefing.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

SEGG Media nominates Trump’s Bitcoin advisor Daniel Bailey to board

Bailey’s appointment could enhance SEGG Media’s strategic growth and innovation in digital...

Ethereum price prints bearish pennant as breakdown risk grows

Ethereum price is compressing into a tight bearish pennant, with declining volatility...

Bitcoin price at risk of hitting $50k, Coinbase premium sinks

Bitcoin price remained in a tight range this week, and the waning...