Reported 3 days ago
Bitcoin has seen a significant drop of 13.3% over the past week, reflecting ongoing market pressures and a price near $105,317. While U.S. liquidity remains stagnant, analysts believe China's expanding money supply could revitalize Bitcoin's trajectory. Historically, Bitcoin tends to rise when China's M2 money supply, currently at $24.9 trillion, surpasses that of the U.S. Experts suggest that the influence of Chinese capital flows and liquidity cycles may be more pivotal to Bitcoin's future performance than its halving schedule.
Source: YAHOO