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Odaily reports that Jamie Dimon, CEO of JPMorgan Chase, is bracing for possible disruptions in the nearly $30 trillion U.S. Treasury market. The Federal Reserve is likely to step in only if conditions escalate to a critical level. As a cornerstone of global finance, the U.S. Treasury market affects various financial aspects, including mortgage rates and corporate bond yields. Dimon cautions that a breakdown in this system could trigger far-reaching economic consequences.
The instability in the U.S. Treasury market might force the Federal Reserve to take action, potentially driving some investors toward $BTC
as a safeguard against currency volatility. This echoes the 2020 scenario when the Fed's aggressive stimulus measures coincided with a notable surge in Bitcoin's value.
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