Rate cuts and rising liquidity could boost Bitcoin in the coming months, says Bitcoin bull Anthony Pompliano.
A shift in macroeconomic policies around the world, particularly interest rate cuts and an increase in global liquidity, is expected to drive Bitcoin (BTC) prices higher in the coming months, according to long-time Bitcoin advocate Anthony Pompliano.
Pompliano believes that the US Federal Reserve’s 50 basis-point interest rate cut on Sept. 18, along with rising global liquidity, marks the beginning of a new trend that will benefit both cryptocurrencies and the stock market.
“They are going to bring interest rates down over the next 12 to 18 months, and that is going to serve as a tailwind for all investable assets,” he said.
