【Market Flash】Major figure weighs in: Strategy co-founder Michael Saylor says Bitcoin is digital capital that has achieved global consensus, and the market is returning to a bull-market phase. He estimates that Bitcoin accounts for about two-thirds of the crypto economy’s market cap, 80% of its liquidity, and 90% of its economic value. He also says Bitcoin-backed credit could become a new asset class, with every $10 billion in credit created by banks roughly equivalent to a year’s worth of new supply. If bank credit really enters the market at this pace, how might Bitcoin’s pricing dynamics change?
(Source: TradingView)
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