Liquidity Paradox: Credit Markets Hit Record Health While Bitcoin Starves – BeInCrypto
US credit markets have never been healthier, yet Bitcoin finds itself starved of fresh capital—a paradox that encapsulates crypto’s current predicament. The New York Federal Reserve’s high-yield distress index has plunged to 0.06 points, the lowest reading in the metric’s history. The index measures stress levels in the junk bond market by tracking liquidity conditions,...
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