Global Liquidity Surge Could Trigger Bitcoin Rally

Quick Summary:

Global liquidity surge: A potential Bitcoin rally by the end of the year is gaining traction among financial analysts, who attribute this optimism to a significant global liquidity surge.

David Brickell, Head of International Distribution at FRNT Financial, and former forex trader Chris Mills, in their latest newsletter, highlighted that the U.S.

Hayes attributes this anticipated growth to the expansion of credit by Chinese banks, which is expected to further increase global liquidity and, consequently, Bitcoin’s market price.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaChina

Topics: Global liquidity Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-14 @ 15:16:17 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 582 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 23045797

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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