Latest / The Cryptocurrency Economy with Fexingo: Bitcoin, Ethereum, and Digital Money Markets
The Real Reason Bitcoin Is Stuck at 75000
Bitcoin has been hovering around $75,000 to $76,000 for weeks—despite the Fed holding rates steady near 3.6%, stablecoin inflows hitting new highs, and on-chain activity looking healthy. Lucas and Luna dig into the one force pinning the market in place: the U.S. dollar liquidity drain from quantitative tightening and the Treasury General Account. They walk through the mechanics of how TGA flows pull dollars out of the banking system, why that directly suppresses bid-side pressure in crypto, and what would have to change—like a Fed pivot or a debt-ceiling deal—to break the range. Specific…
The skinny
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