A needed $900B Treasury cash rebuild could quietly drain the liquidity Bitcoin needs
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...
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