Ex-Goldman Sachs Exec Says Crypto Cycle Remains Mid-Phase

TLDR Raoul Pal says the crypto cycle remains mid-phase, not at a peak or end. He links recent crypto weakness to negative excess liquidity across global markets. Capital rotated into AI sectors as liquidity tightened, according to Pal. He states excess liquidity has now turned positive across M2 and broader measures. Bitcoin trades near oversold [...]

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