Fed’s Kashkari hints at liquidity support — Is $100K Bitcoin back on the table?
0
0
Rising systemic risks and distrust in the Federal Reserve could push investors toward Bitcoin as a safe haven.
Neel Kashkari, President of the Minneapolis Federal Reserve, addressed the issue of rising Treasury yields on April 11, suggesting that they might indicate a shift in investor sentiment away from United States government debt. Kashkari highlighted that the Federal Reserve has tools to provide more liquidity if necessary.
While underscoring the importance of maintaining a strong commitment to reducing inflation, Kashkari’s remarks signal a possible turning point for Bitcoin (BTC) investors amid growing economic uncertainty.
US Treasury 10-year yields. Source: TradingView / Cointelegraph
0
0
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
0
0
0
0
