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Market attention is focused on the US debt ceiling debate, but a looming liquidity crisis could impact both financial and crypto markets, including Bitcoin. As the Treasury plans to rebuild its dwindling general account balance, the method and implications of raising $440 billion through the issuance of treasury bills could lead to significant changes in the market. What key correlations exist between the general account of the Treasury, quantitative tightening and the price of Bitcoin? Find out by diving into our full analysis…
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