Bitcoin's Role as a Global Liquidity Indicator Strengthens

According to PANews, NYDIG's Global Head of Research, Greg Cipolaro, has highlighted that Bitcoin, often referred to as 'digital gold,' is frequently promoted as a hedge against inflation. However, Cipolaro argues that this notion is unfounded, as inflation is not a key factor influencing Bitcoin's price. In recent years, Bitcoin has shown a stronger inverse relationship with real interest rates and has evolved into a barometer of liquidity, serving as an indicator of global liquidity levels.