đ The combined liquidity injections from China and the US have traders excited about potential crypto market growth.
đ The People's Bank of China (PBoC) and the US Federal Reserve are injecting much-needed liquidity into the market, which could result in a boost for asset prices, particularly in the crypto space. As China addresses its slowing economy, key measures include a 500 billion RMB swap facility that allows non-bank institutions to purchase Chinese shares. This move already led to an 8% rise in Chinese A50 futures.
đĄ According to crypto influencer Justin Sun, these actions could spark a bull run in crypto markets, as financial easing creates a positive environment for digital assets.
đ Meanwhile, the US yield curve widening reflects rising optimism for economic recovery, further enhancing the outlook for crypto markets in both regions.
