Mitchell Askew, principal analyst at mining firm Blockware, said that deficit spending and lower interest rates are driving higher global liquidity, while investors are concerned about a prolonged period of high inflation, as evidenced by the poor performance of government bonds since the September interest rate cut. As a result, investors are turning to the bitcoin market, while bitcoin mining stocks are trading in a "beta" state. Askew added that some bitcoin miners are also benefiting from di...