BitMEX Lianchuang: The Federal Reserve may restart money printing, and BTC may usher in a trend similar to March 2023
BitMEX co-founder Arthur Hayes, the Chairman of the Federal Reserve, Jaypow, and the US Treasury Secretary, Bad Burl Yellen, will soon be printing money. New York Community Bank ($NYCB) has announced losses due to a 10-fold increase in loan loss reserves. The market is expected to initiate bank bailouts, causing a sharp drop in 10-year and 2-year yields. Although BTFP and discount windows cannot solve the problem, Bitcoin ($BTC) may experience a slight drop. However, if banks such as $NYCB sell off, it is expected that new bailouts will soon follow, and then the price of Bitcoin will rapidly rise, similar to March 2023.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysts: U.S. auto tariffs reduce chances of Bank of Japan rate hike in May
A trader spent 3.12 SOL to buy Ghibli and currently has a profit of more than 125 times
Harpie announces closure of all services, users need to disconnect wallets in time
USDC market value exceeds 60 billion US dollars, setting a new record high
Trending news
MoreCrypto prices
More








