đŽ China Injects $18.63B Into Banks â BTC Signal? đ
On June 6, the Peopleâs Bank of China pumped 135B yuan ($18.63B) into the financial system via 7-day reverse repos at 1.40%.
â« Goal: Maintain liquidity and ease financial conditions
â« Impact? Historically, Chinaâs M2 money supply growth has shown a strong correlation with BTC price increases.
đĄ More liquidity â More risk appetite â Bullish for hard assets like BTC?
As fiat printing ramps up globally, Bitcoinâs scarcity narrative keeps getting stronger.
đ Inflation hedging?
đ Speculative demand?
Either way, this move might be more bullish for crypto than it looks on the surface.
đ Your thoughts â is Chinaâs liquidity pump a hidden green light for BTC?
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