A shift in macroeconomic policies worldwide, particularly interest rate cuts and an increase in global liquidity, is expected to drive Bitcoin prices higher in the coming months, according to Bitcoin advocate Anthony Pompliano.

Interest Rate Cuts and Increased Liquidity

Anthony Pompliano believes that the recent 50 basis-point rate cut by the US Federal Reserve on September 18, along with rising global liquidity, marks the beginning of a new trend favorable to both cryptocurrencies and the stock market.

Anthony Pompliano on Bitcoin Support

Pompliano argues that the combination of lower rates and more liquidity will provide strong support for Bitcoin’s growth. In his view, this trend is expected to continue regardless of the outcome of the upcoming presidential election in early November, where Donald Trump and Kamala Harris are currently neck and neck in the polls.

Political Landscape and Market Impact

Pompliano pointed out that the stock market has generally risen under every president, except during George W. Bush’s presidency, which was impacted by the 2008 global financial crisis. He explains that the reason for this upward trend is the devaluation of the dollar.

According to Anthony Pompliano, macroeconomic policy changes like rate cuts and increased liquidity could positively affect Bitcoin's price. He expects the current trend to continue over the coming months, regardless of political developments.