Global Liquidity Updates

Our analysis indicates a strong correlation between Bitcoin since 2009 and gold since 2000, with our Global liquidity flow tracker.

The log-transformed data reveals a clear and robust trend, underscoring the sensitivity of these assets to changes in global liquidity conditions.

‍‍We've seen another rise in Global liquidity over the past week, this time by $2.6 trillion.

This increase is attributed to the decline of the MOVE index and liquidity injections from China.

While many believe Trump is the sole reason for Bitcoin's rise, the liquidity data tells a different story.

After nearly three months, the 3-month Rate of Change has finally surpassed the 12-month RoC.

This crossover is a strong indication that risk-on assets are likely to benefit in the upcoming weeks.

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The Global Liquidity Indicator (GLI) has shown a substantial increase, surging by $1.7 trillion since Monday.

This significant boost in global ⁠liquidity is clearly reflected in our Rate of Change (RoC) Oscillator chart, indicating a positive market shift.

Recently, the 3-month RoC has crossed over the 12-month RoC.This crossover is a crucial signal, often hinting at potential changes in market direction or momentum.

It suggests that the shorter-term ⁠liquidity dynamics are beginning to outpace the longer-term trends.

A driving factor behind this recent upward movement in the RoC Oscillator is the continued downwards trend in the MOVE index.

We are closely monitoring the trends in the 3-month and 12-month RoCs, and are waiting for the weekly close before sending out the comprehensive global ⁠liquidity update on Monday.