Anthony Pompliano: Bitcoin Ready for Gains as Interest Rates Fall and Liquidity Grows
Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...
Anthony Pompliano believes Bitcoin could benefit greatly as interest rates decline and global liquidity increases.
In a recent TV interview with CNBC, Professional Capital Management founder and CEO Anthony Pompliano highlighted that Bitcoin’s price movements are closely tied to shifts in global liquidity, as it outperformed other assets post-rate cut.
He noted that with central banks, including the Federal Reserve, signaling a shift towards monetary easing, Bitcoin could see substantial gains as more capital flows into the market in the coming months.
Pompliano mentioned a new study that discovered Bitcoin as the most sensitive asset regarding global liquidity.
“And so 83 percent of the time, Bitcoin moves with global liquidity. It’s more than S&P or any other asset,” he said.
Anthony Pompliano: "#Bitcoin ends up being a big winner whenever we get cheap money flooding into the system." pic.twitter.com/djYTaGlIqh
He elaborated that Bitcoin’s performance is not only influenced by interest rate changes but also by broader monetary policies globally. Recent liquidity injections from various central banks, including those in China, could have created a favorable environment for the digital asset.
“Bitcoin ends up being a big winner whenever we get kind of cheap money flooding into the system,” stated Pompliano.
He also touched on the role of institutional investments, noting that the recent inflow of capital through various channels, including exchange-traded funds (ETFs), has contributed to Bitcoin’s price movement.
However, Pompliana
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