Fed’s Kashkari hints at liquidity support — Is $100K Bitcoin back on the table?

Coin Telegraph 6 months ago 230

Neel Kashkari, President of the Minneapolis Federal Reserve, addressed the issue of rising Treasury yields on April 11, suggesting that they might indicate a shift in investor sentiment away from United States government debt. Kashkari highlighted that the Federal Reserve has tools to provide more liquidity if necessary.

While underscoring the importance of maintaining a strong commitment to reducing inflation, Kashkari’s remarks signal a possible turning point for Bitcoin (BTC ($110,372.00)) investors amid growing economic uncertainty.

Fed’s Kashkari hints at liquidity support — Is $100K Bitcoin back on the table?

The current 10-year US government bond yield of 4.5% is not unusual. Even if it approaches 5%, a level last seen in October 2023, this does not necessarily mean investors have lost confidence in ...

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