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- 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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Head of Research, Bitwise: Now is the opportunity to buy BTC, and market liquidity will return
ChainCatcher News: Jeff Park, Head of Research at Bitwise, said in an article that we are currently experiencing one of the fastest declines in Bitcoin history, and now is a rare opportunity for those with foresight. The failure of the Strategic Bitcoin Reserve (SBR) is that its hastily launched announcement did not pave the way for Bitcoin to become the eventual adoption of a global store of value (SoV). This is because an SBR in the true sense of the word must rely on multilateral cooperation. And it is this lack of cooperation that has led to a sell-off in the market led by Japan today. In addition, he said that market liquidity will be restored. Trump will do whatever it takes to boost the economy, and global M2 liquidity indicators have already started to rise.