🇺🇸 The Fed starts buying T-bills.

🇨🇳 China injects ¥668.5B in liquidity.

🇺🇸 The U.S. Treasury adds $70B in liquidity.

🇺🇸 Treasury even buys back $12.5B of its own debt.

And yet — crypto still sells off.

At some point, you have to ask the uncomfortable question:

How is this not manipulation?

When global liquidity is being

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