The post The Most Bullish Factor for the Crypto Markets Emerges: Bitcoin Bull Run May Unfold Soon appeared first on Coinpedia Fintech News
With the beginning of the fresh monthly trade, the Bitcoin price has displayed immense strength as it soared beyond $48,000. Although the bears are trying hard to restrict the rally, the buying pressure continues to coil up, suggesting the price may maintain a healthy upswing in the coming days. The broader or traditional, financial markets have a significant impact on the crypto space. They have flashed a massive bullish signal, which is the most important factor for the bull run.
Global liquidity or Global M2, is a measure of the U.S. money stock, which includes currency & coins held by non-public banks, deposits (both small and large), shares in retail money market mutual funds, etc. These levels largely indicate the presence of money available in the global financial system. The major central banks tracked for Global M2 include the biggest
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