Strike founder Jack Mallers said at BTC Prague that Bitcoin (CRYPTO: BTC) trading below $63,000 is not a sentiment problem but the only honest signal in a global financial system that has run out of liquidity.
Bitcoin Is Telling The Truth That Equity Markets Cannot
Mallers pointed to a striking contradiction. University of Michigan consumer sentiment sits at its lowest level ever recorded, below 2008, below 2000, below the 1980s, while the S&P 500 (NYSE:SPY) trades near all-time highs.
He argued central intervention has broken equity as a reliable signal, leaving Bitcoin as the only unmanipulated read on actual financial conditions.
“Bitcoin is the closest thing we have to the monetary reflection of truth,” Mallers said. “Active 24/7 traded indicator of how the world is doing.”
His explanation for …
