The editorial discusses the concept of the global liquidity cycle, which is a measure of liquidity in financial and asset markets rather than just the general economy. The author asserts that global liquidity is currently rising, evidenced by the recent actions of the Federal Reserve and China's central bank. The article suggests that this increase in liquidity could be beneficial for Bitcoin and other cryptocurrencies. It also speculates that other countries may follow China's lead and implement similar stimulus measures. The editorial concludes by asking readers for their thoughts on the existence of a liquidity cycle.



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