If the Fed prints
more money
, what’s at stake for Bitcoin?
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Federal Reserve official
Neel Kashkari
said the Fed has the tools to provide liquidity, but he noted that the agency won’t intervene until it is clear that the market
cannot correct itself
.
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If the Fed decides to draw liquidity to the markets, it is
not clear
which method the agency will use.
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The crypto X community reacted to Kashakari’s interview pretty unambiguously, suggesting the Fed is going
to
print money.
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