) could see a “re-acceleration” of its bull market thanks to new United States economic shifts.Hayes on crypto bull market:"Forget about the Fed"
For Hayes, however, the Fed is no longer the U.S. yardstick worth watching — instead, it is Treasury Secretary Janet Yellen. On the radar are two key liquidity sources: the Treasury General Account and so-called Reverse Purchase Agreements . Draining either the TGA or money from the pool of RRPs allows for money to reenter the economy — a key stimulus for risk-asset performance, and specifically crypto upside.U.S. dollar printing to only accelerateA $1 trillion TGA drain, $400 million in RRPs or a combination of both is on the table, potentially totaling a $1.4 trillion liquidity injection.“If any of these three options happen, expect a rally in stonks and most importantly a re-acceleration of the crypto bull market.
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