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Bitcoinist 2019-11-14 09:30:07

FED Prints 12.7 Million Bitcoin Worth as Repo Bailout Intensifies

The financial dominoes are stacked and seem ready to fall. US Federal Reserve banking bailouts are intensifying as the central bank adds the equivalent of 12.7 million bitcoin to the financial system this week. YOU CAN’T PRINT BITCOIN The New York FED added a whopping $111.9 billion to financial markets this week which is the equivalent of 12.7 million BTC. According to the WSJ, the intervention came in two parts; overnight repurchase agreements totaling $76.9Read MoreThe post FED Prints 12.7 Million Bitcoin Worth as Repo Bailout Intensifies appeared first on Bitcoinist.com.

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