Fed Injects $2.5 Billion To US Banks as Bitcoin Holds Steady Around $87k
The U.S. Federal Reserve Bank has added $2.5 billion to U.S. banks through a short-term loan deal. This happened while Bitcoin’s price has stayed around $87,500. The New York Fed, following instructions from the policy committee, temporarily bought government bonds from banks. The banks are expected to buy the bonds back the next day, meaning […]