Bitcoin bull market may return after $1.4T US liquidity spike — Prediction

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Россия Новости Новости

Bitcoin and crypto bull market assistance may come from U.S. government liquidity decisions beginning next week, says Arthur Hayes.

) 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.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 562. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

The Prediction Market Primitive: Using AIs to Create Prediction Markets at Microscopic ScaleAn AI quartet of content creators, event recommenders, liquidity allocators and information aggregators will bring prediction markets to new heights.
Источник: hackernoon - 🏆 532. / 51 Прочитайте больше »