Crypto’s Future: How Raoul Pal Thinks Global Stimulus Will Save the Day (Spoiler: It’s Coming)

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In a world where the U.S. dollar liquidity tightens faster than the grip of an angry mob on a failed politician, the crypto market is feeling the burn. Bitcoin, that eternal hero, temporarily plunged to a five-month low of around $99,000 (don’t worry, it’ll be back). 🙄

But here’s where it gets interesting. Raoul Pal, the macro analyst with the optimism of a puppy on caffeine, is practically shouting from the rooftops that a wave of global fiscal and monetary stimulus is coming soon. And yes, dear reader, that’s what he believes will revive the crypto market, like a doctor with a defibrillator.💡

Pal and Hayes: Liquidity is the Next Big Thing (Trust Us, It’s Coming!)

Now, amidst this crypto chaos, Pal’s the only one with his chin up, pretending the storm is just a drizzle. Bitcoin, lingering around $102,500 as we speak, has dropped nearly 10% in the past week, and Ethereum, poor Ethereum, has lost almost 30% in the same period. Some might say it’s a catastrophe, but Pal? He calls it “a window of pain”-nothing to see here, just a brief inconvenience. ⏳

His thesis? Oh, it’s simple. The quantitative tightening (QT) era is winding down, and once the U.S. government stops shutting down like an overzealous security guard, fiscal spending will return, and boom, liquidity will flow in like a floodgate on a farm. We’re talking about roughly $10 trillion in government debt being rolled over in the next 12 months. Not to mention the whopping $250 to $350 billion in Treasury spending that’s just waiting to restart the engine. Pal’s ready for a liquidity explosion. Watch out, folks. 🔥💥

And, just in case you were wondering, there’s more. Pal has a soft spot for the CLARITY Act-because who doesn’t love clear regulations? This will supposedly open the floodgates to institutional crypto adoption. Along with potential rate cuts, tweaks to bank balance sheet rules (SLR), and global fiscal stimulus from China and Japan, it’s all pointing to 2026’s U.S. elections. Pal believes the whole thing is set up to “goose the economy.” 🦢 (I don’t even know what that means, but it sounds promising.)

But Pal’s not the only one playing the happy tune. Arthur Hayes, the BitMEX co-founder, is singing the same song. He blames Bitcoin’s downturn on an 8% drop in U.S. dollar liquidity since July. But don’t worry, once the Treasury balances shrink post-shutdown, dollar liquidity will bounce back, and voila-Bitcoin will soar like a pigeon with a jetpack. 🕊️💨

Hold Your Horses: Market’s a Mess, But the Big Picture is Glowing

As of now, digital assets are losing steam faster than a jet with a leaking fuel tank. The market shed a staggering $400 billion this week alone, pushing the total capitalization to a modest $3.2 trillion. But analysts aren’t sweating. They claim this selloff is more about technical issues (like leverage and forced liquidations) rather than any real panic. So, calm down, everyone. 😅

Bitfinex Alpha pointed out that long-term Bitcoin holders are offloading about 104,000 BTC per month-not out of fear, but to cash in their profits. Meanwhile, institutional traders are playing the waiting game, keeping their powder dry until the Federal Reserve drops the next bomb (rate cut, anyone?). 💰💸

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2025-11-05 21:26