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Michael Howell: Bitcoin as the Apex Liquidity Asset

Michael Howell: Bitcoin as the Apex Liquidity Asset

Photo: Bitcoin Magazine

CrossBorder Capital's Michael Howell explains why global liquidity drives markets and why Bitcoin is emerging as the apex asset in a debasement world. Gold or Bitcoin? Michael Howell says you need both. He calls Bitcoin “the most liquidity sensitive asset on the planet by far” and recommends a basket weighted by volatility, one where Bitcoin’s share grows as it becomes more institutional, possibly reaching 50/50 someday. He also flags $70K as key Bitcoin support and explains why Kevin Warsh’s Fed may keep liquidity from slumping.

Source: Bitcoin Magazine

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