Viewpoint: Bitcoin is still closely related to the global liquidity situation

ChainCatcher news, according to The Block, Bitcoin and other major cryptocurrencies saw a decline in price on Wednesday due to the new tariff measures imposed by Trump.

OKX Global Chief Business Officer Lennix Lai stated, "In my opinion, the notion that Bitcoin is decoupling from traditional markets seems premature. While there are encouraging signs that the correlation between Bitcoin and stocks is weakening, Bitcoin is still closely related to the global liquidity situation, and gold remains a hedge against geopolitical instability."