Bitcoin: Uncovering 2 major reasons behind BTC’s new liquidity wave

Quick Summary:

China's stimulus of its economy as the USD declines will provide a new liquidity wave for Bitcoin.

This also signifies that BTC could rally as a result of China’s stimulus and a weakening USD.

Investor risk exposure due to recession fears is decreasing, as global liquidity in crypto is still on the rise.

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Article Details

Author / Journalist: Lennox Gitonga

Category: Crypto

Markets: United StatesChina

Topics: News Social Trading View News 1 BTC Trading View Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-14 @ 07:30:05 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 475 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 22074092

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 20 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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