CoinFeed
Strike founder: Bitcoin's current price reflects the true state of the global liquidity crisis. - CoinFeed
Time 00:00

Strike founder: Bitcoin's current price reflects the true state of the global liquidity crisis.

June 12, 2026
CoinFeed News

CoinFeed reported on June 12th, citing The Block, that Jack Mallers, founder of Strike and CEO of Twenty One Capital, stated that Bitcoin's current price reflects the true state of the global liquidity crisis. He pointed out that the University of Michigan Consumer Sentiment Index is at a historic low, while the S&P 500 is at a historic high, indicating that central bank intervention has distorted the value of the stock market as a signal. Mallers stated, "Bitcoin is the closest thing we can get to the truth about money." Mallers believes that with countries simultaneously financing wars, AI development, and deficit spending, and individuals defaulting on credit cards and rent, the world is in a cash-raising mode, selling the most liquid assets. "You're selling what you can sell, not what you want to sell."

Back to News Feed