Duke Waldrop: Bank of Japan liquidity shock could impact Bitcoin

Bitcoin fell to $79,000 this weekend as the Federal Reserve and Bank of Japan decided on rates. Duke Waldrop of UTXO Management explains that a yen repricing forces macro funds with yen-denominated liabilities to sell assets, and Bitcoin's 24/7 liquidity serves as their exit. He also notes Metaplanet trades below the value of its Bitcoin holdings, discusses the potential MSCI index removal on November 30, and argues it does not change the fundamental thesis.