Bitcoin’s Price Now Tracks Global Liquidity Curves, Not Block Rewards

BitMEX co-founder Arthur Hayes says the Bitcoin four-year cycle is dead and that liquidity flows now set the tempo of the market. In his essay “Long Live the King,” Hayes writes that Bitcoin’s historic peaks were never about block-reward halvings but about monetary policy driving Bitcoin through surges in U.S. and Chinese credit.  When money […] Read The Full Article Bitcoin’s Price Now Tracks Global Liquidity Curves, Not Block Rewards On Coin Edition.