Mmastodon BusinessCrypto first seen 8 h ago, last 7 h ago, peak #2
US Treasury plans multi-billion bond buyback
Original: Milliarden-Rückkauf von US-Anleihen Das US-Finanzministerium plant den Rückkauf von langfristigen Staatsanleihen im Wert
The US Treasury Department is planning to buy back long-term government bonds worth up to 6 billion US dollars. Commenters are highlighting that such liquidity injections have historically tended to boost Bitcoin's price, making the buyback a talking point in crypto circles as well as among market watchers tracking its effects on bond markets and liquidity.
Why now: A large US Treasury bond buyback is seen as a liquidity injection that markets, especially Bitcoin traders, expect to be bullish.
US Treasury DepartmentBitcoinUnited States
Evidence
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