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Oil price collapse signals a dangerous liquidity trap and Bitcoin isn’t safe just because inflation is down

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Oil price collapse signals a dangerous liquidity trap and Bitcoin isn’t safe just because inflation is down

Over the last few months, oil prices have collapsed below 60abarrelalongsideBitcoinsslidefrom60 a barrel alongside Bitcoin's slide from 126,000 in October to around 89,000today.So,doesenergysslidereflectweakerdemandoraninflationbreakthatcouldimpactriskassetslikeBitcoingoingforward?Brentclosedat89,000 today. So, does energy’s slide reflect weaker demand or an inflation break that could impact risk assets like Bitcoin going forward? Brent closed at 58.92 and


Original Article: CryptoSlate

This article was originally published on CryptoSlate and has been curated for our readers.