25-09-2019 08:00 via newsbtc.com

Did US FED Repo Transactions Cause Bitcoin Price Crash?

Whenever Bitcoin prices fall off the cliff industry observers scramble to find a reason beyond the technical indicators. Something fundamental must have caused the crash and one industry executive has fingered the FED’s recent market meddling.
FED Repo and Bitcoin Related?
Last week the US Federal Reserve pumped more than the entire crypto currency market capitalization back into money markets in order to control lending rates. A surge in short term rates last week threatened to disrupt th
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