Why Bitcoin Isn’t Reacting to Record Money Printing
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Despite the largest liquidity injections since the pandemic, Bitcoin remains muted.
The reason? Liquidity is rising — but not where crypto needs it.China’s long-term credit expansion has fueled domestic infrastructure and exports, not speculation, while the Fed’s actions have stabilized short-term funding rather than boosting market liquidity.
“Liquidity is energy, not direction,” macro strategist NotEnuff explained.
“It builds tension in the system — but without risk appetite, it stays coiled.”For now, Bitcoin’s stagnation signals caution, not weakness — as traders wait for the next global rotation back toward risk assets.
