The global liquidity wave caused by central banks injecting capital into economies has led to inflated asset prices and eroding cash value for savers. Bitcoin is expected to benefit from this liquidity surge, as it has shown a strong relationship with global liquidity in the past. The Federal Reserve's metrics indicate potential stress building in the system, although Fed commentary downplays this concern. Big institutions are parking their cash in safe havens, indicating nervousness. Federal Reserve chair Jerome Powell hinted that future interest rate cuts will be smaller than the previous one, and the final decision will depend on upcoming employment reports. However, Powell stated that if the economy performs as expected, there could be two more rate cuts this year.



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