Liquidity Unexpectedly Dries Up in the Repo Market Forcing the Fed to Inject $99 Billion in a Day, Fed’s Plans to Roll Recent Repos off Balance Sheet Already Failing, This Situation Is Creating Increasingly Favorable Conditions for a Bitcoin Rally

The repo market, which is a critical piece of financial infrastructure that provides interbank liquidity, has suddenly dried up again despite the Federal Reserve injecting $500 billion this month […]

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