ilmscore | Prediction Details
"and so the US Treasury net took treasury bills which are bonds that mature less than one year have no coupon payment out of circulation and that's what's caused the reverse repo facility which a lot of people have been tracking to basically bottomed uh at the end of March early April and essentially Rose a bit which removed liquidity from the system and basically starting in April we had the weakness in crypto and we haven't really recovered from it since"
By Coin Bureau | August 7, 2024 | Pending
From video
BTC & ETH Price Prediction, SOL Vs. APT, Crypto & Elections With Arthur Hayes! 00:03:11 - 00:03:45
Interpreted Prediction
US Treasury's net removal of T-bills from circulation in Q2 (April-June) removed liquidity, leading to weakness in crypto markets.

Prediction Details

Topic
US Treasury Policy

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