Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
BitMEX Lianchuang: The Federal Reserve may restart money printing, and BTC may usher in a trend similar to March 2023

BitMEX Lianchuang: The Federal Reserve may restart money printing, and BTC may usher in a trend similar to March 2023

CointimeCointime2024/02/01 01:47
By:Cointime

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.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!