Did The US FED Repo Transactions Cause The Bitcoin Price Crash? #389

Did The US FED Repo Transactions Cause The Bitcoin Price Crash? #389


 

Last week the US Federal Reserve pumped more into the money markets than the entire crypto market cap in order to control lending rates.

Those cash injections have continued this week as another 100 billion dollars floods into markets.

The question being asked by some industry observers now is, are the repo agreements and Bitcoin price action related.

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Gary Leland the Bitcoin Boomer
Gary Leland the Bitcoin Boomer

I produce the Crypto Cousins Podcast, the 4 Minute Bitcoin Show and the BitBlockBoom Bitcoin Conference in Dallas, Texas.


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