Peng Fu States Global Assets Tied to Liquidity Contraction; Bitcoin, Ethereum to Stabilize Amid Crypto Consolidation

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According to BlockBeats, Peng Fu, chief economist at Xinfire Group, stated yesterday (July 24) that global assets including mainstream cryptocurrencies are bound to liquidity. He noted the shift from monetary easing to tightening is triggering a "contraction" market trend, with capital concentrating in high-certainty core assets.

Fu added that the cryptocurrency market will follow liquidity contraction, with Bitcoin and Ethereum stabilizing as core assets after consolidation. Altcoins will lose speculative appeal, and investors should allocate holdings according to industrial cycles while managing leverage risks.

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