#BinanceNews 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. Share your ideas..
The volume of $LUNC NC being staked on the Terra Classic network is steadily growing. Currently, the staked #LUNC✅ NC has surpassed 1,037,202,897,313 tokens.
Staked $LUNC now accounts for 15.96% of the total supply. With ongoing burns and increasing staking activity, this percentage is expected to climb further.