Bitcoin (CRYPTO: BTC) purist Willy Woo tied the leading cryptocurrency’s growth with global liquidity on Wednesday, stating that the more money printed, the larger it will become.
What Happened: In an X post, Woo said that out of all macro assets, Bitcoin is the “most sensitive” to global money supply.
“Global liquidity = money printing. It’s a beautiful thing. The central banks print, the bigger BTC gets, fiat dies,” the analyst argued.
Neo, an X user, disputed the assertions, describing fiat currency as an “octopus …