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Crypto

US Liquidity Measures Blamed for Bitcoin's Latest Rally

Guavy AI Editorial Team
Instruments
BTC
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Metaplanet CEO Simon Gerovich has attributed Bitcoin's recent surge to the US government's liquidity measures.

In a surprising move, he emphasized that traditional finance now plays a significant role in shaping the cryptocurrency market.

Gerovich stated that central bank decisions and government policies are affecting not just traditional assets but also cryptocurrencies like Bitcoin (BTC), which has seen its price reach $76,981.00.

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