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Bitcoin Tops $30,000 and the Pentagon's Leaked Intelligence

Bloomberg Tech

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The Future of Cryptocurrency

There are so many narratives as to what could be pushing Bitcoin higher in particular. There's no satisfying answer other than the one that this is a macro asset. The liquidity in this space is still very, very low despite this rebound. You haven't really seen a big institutional push with this rebound. If we get some sort of upset perhaps in the form of a more hawkish Fed than expected that low liquidity could exacerbate things to the downside too.

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