Bitcoin Ticks Upward as New York Fed Injects Another $55.3 Billion Into Economy

Bitcoin Ticks Upward as New York Fed Injects Another $55.3 Billion Into Economy – BeInCrypto

The NY Fed has accepted another $55.3 billion into the market in three-day repo bids despite the supposedly “booming economy.” As the government continues its spending spree, it’s yet another example of why we need Bitcoin. Fresh money has been injected by the New York Federal Reserve to calm repo markets yet again, according to Reuters.