Bitcoin is now fighting the ECB’s €51.8 billion bond wall for a shrinking pool of capital - Cryptonews.net

Bitcoin is now fighting the ECB’s €51.8 billion bond wall for a shrinking pool of capital - Cryptonews.net

Source: Cryptonews.net

DW NOTE

The ECB is buying €51.8 billion in bonds while energy costs surge 32% and producer prices run at 5.51%. The headline frames this as competition for capital with Bitcoin. It isn't — it's the central bank diluting the monetary base to suppress yields while real input costs accelerate faster than official CPI admits. Bitcoin doesn't compete with sovereign bond-buying; it exists because of it.

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