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Bitcoin price closely follows global liquidity with 87% accuracy, says Raoul Pal.

Market News
29 Jul 2026
Cointribune
View Source
Bullish
pluang ai news

Raoul Pal, founder of Real Vision, states that Bitcoin's price movements have an 87% correlation with global liquidity, meaning the total money supply in the financial system significantly influences Bitcoin more than news or fundamentals. He also notes the Nasdaq shows a 97% correlation with liquidity, suggesting both markets respond primarily to monetary flows. Keyrock's analysis supports this view, showing an eight-month lag between US debt issuance and Bitcoin returns. Pal's bullish target of $450,000 for Bitcoin depends on continued liquidity expansion by central banks. This perspective challenges traditional views that Bitcoin price is mainly driven by halving cycles or adoption news, emphasizing macroeconomic liquidity as the main driver.

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Tellus Power launches Tellus Energy AI to cut power costs and boost green AI computing efficiency.

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Danone releases its 2026 half-year financial report showing strong Q2 sales growth.

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Danone releases its 2026 half-year financial report showing strong Q2 and solid H1 results.

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