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Michael Howell of CrossBorder Capital called Bitcoin the "apex liquidity asset" and noted that $70,000 is a key support level.
Michael Howell of CrossBorder Capital stated that Bitcoin is "the most liquidity-sensitive asset on the planet" and suggested constructing a volatility-weighted portfolio where Bitcoin's share could increase to 50%. He also noted that $70,000 is a key support level for Bitcoin and explained that Federal Reserve Chairman Warsh might prevent a decline in liquidity.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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