Opinion: Bitcoin is still closely related to global liquidity conditions

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ChainCatcher news, according to The Block, Bitcoin and other major cryptocurrencies experienced a decline on Wednesday, affected by Trump's new tariff measures.

Lennix Lai, Global Chief Business Officer at OKX, said: "In my view, the claim that Bitcoin is decoupling from traditional markets seems premature. Although there are encouraging signs that Bitcoin's correlation with stocks is weakening, Bitcoin remains closely tied to global liquidity conditions, and gold remains a hedge against geopolitical instability."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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