Double Bullish News Ignites the Market! Bitcoin Surges Past $90,000 as the Fed "Injects Liquidity" and Vanguard "Opens the Floodgates" in ResonanceDriven by powerful dual catalysts at both the macro and industry levels, the price of Bitcoin has surged past the $90,000 mark, dispelling recent gloom. The most direct driving force comes from the Federal Reserve's official announcement to end quantitative tightening (QT), sending a clear signal of easing to the market, accompanied by an initial liquidity injection of $13.5 billion, which has boosted all risk assets.
Meanwhile, asset management giant Vanguard has opened up trading of Bitcoin and other crypto ETFs to its clients, triggering a strong wave of buying known as the “Vanguard Effect.” The market’s optimistic sentiment and short liquidations have formed a positive feedback loop, with approximately $135 million in short positions liquidated after the price broke through $90,000. However, renowned investor Michael Burry has spoken out again, insisting that Bitcoin is “worthless,” providing a dose of sober reflection amidst the market frenzy.
MarketWhisper·2025-12-03 02:40