Bitcoin shattered $80,000 after a $148 billion US liquidity shock failed to break markets

Bitcoin broke through the $80,000 level as Federal Reserve data indicated a significant tax-date transfer, but SOFR remained 5 basis points below the new reserve rate. Despite a $148 billion liquidity shock in the US market, it failed to impact broader financial markets. For more details, read the full article on CryptoSlate.

Sources

• CryptoSlate — Bitcoin shattered $80,000 after a $148 billion US liquidity shock failed to break markets

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