$14.5 Billion Injection: Will U.S. Treasury Trigger 'Round 2' for Bitcoin and XRP?
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6 Articles
Bitcoin’s faces a weird new macro reality as the Fed turns off the tap and Treasury opens the floodgates
Bitcoin's current rally started when the Treasury Department announced on Aug. 19 that, beginning Sept. 9, it would at least double the maximum size of certain buyback operations for government bonds with 10 to 30 years left to maturity, raising the cap from $2 billion to $4 billion per operation. Simply put, the Treasury was […]
coin-turk.com
BITRSS🚨 The US Treasury Department will repurchase up to $16.5 billion on September 9th. 📈 Markets are watching for this cash flow to boost short-term movement in $XRP and Bitcoin. 🏛️ A total of $38.25 billion in bonds is planned to be withdrawn from the market throughout September. 🗓️ The CLARITY Act vote on September 15th creates an additional headline, especially for XRP. Read More: US Treasury Department to Repurchase $16.5 Billion on Septembe…
u.today
Cryptocurrency News | Cryptocurrency Prices | Market Cap$14.5 Billion Injection: Will U.S. Treasury Trigger 'Round 2' for Bitcoin and XRP?
As the U.S. Treasury preps a $14.5 billion injection, traders brace for a Bitcoin short-squeeze and a pre-Senate XRP rally.
U.S. Treasury Buybacks Put Bitcoin and XRP Rally in Focus
The U.S. Treasury Department is set to begin the active phase of its government debt buyback program on Monday, Sept. 7, with billions of dollars in operations drawing attention from cryptocurrency traders watching Bitcoin and XRP. Weekly Treasury buybacks could reach $14.5 billion, while the maximum volume of individual Treasury operations may climb to $16.5 billion. The largest activity is expected on Sept. 9, when the Treasury will increase b…
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