via CryptoSlate · By CryptoSlate Editorial
A needed $900B Treasury cash rebuild could quietly drain the liquidity Bitcoin needs
BTC/USDT
$13,551,004,958.91
$63,999.00 / $61,798.58
Change: $2,200.42 (3.56%)
+0.0050%
Longs pay
Bitcoin traders have spent the past week bracing for the wrong kind of surprise, watching rate-cut bets evaporate as a run of firm labor data pushed the odds of a Federal Reserve hike by year-end toward 85% and dragged the 10-year Treasury yield up near 4.5%.
Understandably, it dominates the screens, given how much of the past two years of price action has hinged on the cost of money.
But now, a…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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