WS #16069
Bitcoin is finding support near $90,000 driven by significant institutional accumulation, including a $109M purchase by MicroStrategy. However, this bullish momentum is counterbalanced by macro liquidity concerns, as US Treasury interest payments hit a record $1.052T, draining liquidity from risk assets. The market is currently in a tug-of-war between institutional demand and macroeconomic headwinds.
Crypto Liquidity vs. Institutional Demand
Bitcoin is finding support near $90,000 driven by significant institutional accumulation, including a $109M purchase by MicroStrategy. However, this bullish momentum is counterbalanced by macro liquidity concerns, as US Treasury interest payments hit a record $1.052T, draining liquidity from risk assets. The market is currently in a tug-of-war between institutional demand and macroeconomic headwinds.