Two things happened this week that changed how I'm thinking.
The first big one was the Treasury doubling its bond buybacks. This is huge for market liquidity, imo.
When the government buys back more bonds, it injects cash into the financial system. That cash often finds its way into riskier assets.
We're already seeing the effect. $BTC is up nice, sitting at $68204.57 right now, and $ETH jumped almost 9.5% to $2092.04.
Even $SOL and other crypto stocks climbed. It's a clear signal that more liquidity helps crypto pump.
This move by the Treasury
The first big one was the Treasury doubling its bond buybacks. This is huge for market liquidity, imo.
When the government buys back more bonds, it injects cash into the financial system. That cash often finds its way into riskier assets.
We're already seeing the effect. $BTC is up nice, sitting at $68204.57 right now, and $ETH jumped almost 9.5% to $2092.04.
Even $SOL and other crypto stocks climbed. It's a clear signal that more liquidity helps crypto pump.
This move by the Treasury