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

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

Source: CryptoSlate

DW NOTE

The ECB is running €51.8 billion in bond purchases against a capital base that's simultaneously funding higher energy costs, watching the Fed hold at 3.63%, and pricing 10-year Treasuries at 4.57%. Bitcoin isn't fighting a bond wall — it's competing for liquidity in a market where every euro of QE is a euro not chasing yield elsewhere, and energy inflation just ate 27% of discretionary capital in six weeks.

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