Macro & Liquidity Update with The Bitcoin Layer

Bitcoin is highly sensitive to global macro and liquidity conditions, and today we're pleased to collaborate with our friends at the Bitcoin Layer to get an update on current liquidity conditions.

G’day Folks,

As we know, Bitcoin has proven to be an extremely potent index for global liquidity, being sensitive to changes in US dollar strength, interest rates, and global liquidity.

Whilst there are plenty of analysts out there drawing connections between Bitcoin and various liquidity measures, accurate reads on this dynamic require significant proof of work and modelling to properly quantify.

Today, we are extremely pleased to collaborate with our friends over at The Bitcoin Layer, who have done a tremendous amount of work on this very topic.

Over recent weeks, many of our subscribers have indicated they are keen to see how macro and liquidity conditions affect Bitcoin, so we invited the big guns to share their perspective.

The Checkonchain team will also provide a Bitcoin market update, looking at the supply and demand balance, market structure, and the state of leverage in the system, so both of our audiences can get a complete read on the Bitcoin market.

We’re super excited for this collaboration, and we have a huge amount of respect for the quality of work The Bitcoin Layer team produces, and it is likely this will become a regular monthly feature piece for our newsletters.

Let’s get stuck into the charts and data and see where Bitcoin sits against the macro and liquidity backdrop.