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🇬🇧 UK should sell the $5 Billion
$BTC
it holds, says Bloomberg
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.
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🤔 $BTC #ArthurHayes argues that even if the Fed cuts rates, Bitcoin prices might not rally because large money market funds are parking cash in higher-yielding Reverse Repurchase Agreements (RRPs) instead of riskier assets like BTC. This drains liquidity from the market, countering the usual benefits of lower rates.
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📊 #IntoTheBlock data shows a net outflow of $1 billion worth of $BTC from major exchanges over the past week, indicating potential accumulation of funds for the upcoming bull run.
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🚀 $BTC 's hash rate hit a new ALL TIME HIGH
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📈🤔 $BTC MVRV Z-Score displays a red bar (Bear sentiment), similar to the bar in January 2020 before the start of a bull rally.
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