One major scheme to prop up the U.S. banking system is winding down, while a second may be winding down.
SOURCE/ARTICLE👇👇
https://scroll.in/article/1064441/is-the-us-headed-for-another-banking-crisis
👇👇👇👇👇👇👇👇👇👇👇.......what is BTC????
The end of BTFP and the future of Bitcoin (BTC)
The Fed's funding program (BTFP) ends on Monday, March 11, 2024. The program was created to provide liquidity to banks following the failures of Signature Bank and Silicon Valley Bank. With the end of the program, banks may have to seek other forms of financing, which could increase pressure on markets.
What does this mean for Bitcoin?
The impact of the end of BTFP on Bitcoin (BTC) is uncertain. Some analysts believe that the end of the program could lead to risk aversion in the market, which could harm BTC. Others believe that BTC could benefit from uncertainty in the financial market as it is seen as an alternative reserve asset.
Points to consider:
Market liquidity: If banks have difficulty obtaining funding, this could reduce market liquidity, which could be detrimental to BTC.
Risk Aversion: If investors become more risk averse, this could lead to a decline in the price of BTC.
Market uncertainty: Uncertainty in the financial market may lead investors to seek alternative reserve assets such as BTC.
How will BTC react to the end of BTFP?????
Opinions:
Do you think the end of BTFP will have a positive or negative impact on BTC?
What are the main risks and opportunities for BTC in the short and long term?
Share your ideas in the comments!
SOURCE/ARTICLE👇👇
https://scroll.in/article/1064441/is-the-us-headed-for-another-banking-crisis
Disclaimer: This information is not financial advice. It is important to do your own research before making any investment decisions.