Analyst: Bitcoin is sensitive to monetary liquidity conditions, and a weaker dollar and lower interest rates are good for Bitcoin

Odaily News Noelle Acheson, author of "Crypto Is Macro Now," said that interest rate cuts are good for Bitcoin because Bitcoin is sensitive to monetary liquidity conditions. Bitcoin is also seen as a risky asset with no cash flow or profit margins and will not be hit by economic slowdowns. A weaker dollar is good for Bitcoin because Bitcoin generally tends to increase monetary liquidity by reducing capital costs. (Coindesk)