Who is the ultimate influencer on altcoins❓ The answer is g

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Who is the ultimate influencer on altcoins❓ The answer is global liquidity. 🔎Examining the link between total cryptocurrency market capitalisation (excl. BTC & ETH) and global liquidity reveals a strong positive correlation (0.78) between risky assets and global liquidity. 🏦As central banks' balance sheets grow, altcoins also grow, and vice versa. This emphasises the importance of watching global liquidity when entering a risk-on mode with altcoins.

Who is the ultimate influencer on altcoins❓
The answer is global liquidity.
🔎Examining the link between total cryptocurrency market capitalisation (excl. BTC & ETH) and global liquidity reveals a strong positive correlation (0.78) between risky assets and global liquidity. 
🏦As central banks' balance sheets grow, altcoins also grow, and vice versa. This emphasises the importance of watching global liquidity when entering a risk-on mode with altcoins.