Mmastodon BusinessCrypto first seen 11 h ago, last 10 h ago, peak #2
US Treasury plans multi-billion bond buyback
Original: Milliarden-Rückkauf von US-Anleihen Das US-Finanzministerium plant den Rückkauf von langfristigen Staatsanleihen im Wert
The US Treasury Department is planning to buy back long-term government bonds worth up to 6 billion US dollars. Commenters are highlighting that such liquidity injections have historically tended to boost Bitcoin's price, making the buyback a talking point in crypto circles as well as among market watchers tracking its effects on bond markets and liquidity.
Why now: A large US Treasury bond buyback is seen as a liquidity injection that markets, especially Bitcoin traders, expect to be bullish.
US Treasury DepartmentBitcoinUnited States
Rank over time, top of the chart is #1. 2 snapshots from 11 h ago to 10 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/598776