Chris Weston, Pepperstone: Bitcoin > 68k... clear underlying momentum in the price, and comes on the back of the 3rd highest inflows into BTC ETFs since their launched - Sky-Tide Media

Chris Weston, Pepperstone: Bitcoin > 68k… clear underlying momentum in the price, and comes on the back of the 3rd highest inflows into BTC ETFs since their launched

July 21, 2024

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Meanwhile in China: China is facing the EXACT opposite situation as as the United States. Their 10-year yield has collapsed nearly 100 basis points in 2024 and widespread stimulus has begun. China is nearing a recession.

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Most of the bond maturities actually are in the Q1 2025 — so we are walking into the HIGH stress point as we turn the page on the calendar. Happy New Year! 🎄🎄🎉

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