🇨🇳 China injected ¥862.7 billion in liquidity this week.
🇺🇸 Treasury injected $70.5 billion in liquidity this week.
🇺🇸 Fed pumped $17.75 billion into the economy this week.
And still, the crypto market went down.
What went wrong with crypto?
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🇺🇸 Fed bought $6.8 billion in T-bills this week.
🇨🇳 China injected ¥862.7 billion in liquidity this week.
🇺🇸 Treasury injected $70.5 billion in liquidity this week.
🇺🇸 Fed pumped $17.75 billion into the economy this week.
And still, the crypto market went down.
What went wrong with crypto?