Crypto Isn’t Broken, It’s A US Liquidity Squeeze, Says Raoul Pal
Raoul Pal is pushing back on the idea that crypto’s current drawdown signals a broken market cycle, arguing instead that bitcoin and high-beta risk are being hit by a temporary US liquidity air pocket tied to Treasury cash management and government shutdown dynamics. In a weekend post on X framed as a takedown of “false… Continue reading Crypto Isn’t Broken, It’s A US Liquidity Squeeze, Says Raoul Pal