US Treasury’s $125M Plan and Arthur Hayes Insights Hint at Crypto Market Recovery
The post US Treasury’s $125M Plan and Arthur Hayes Insights Hint at Crypto Market Recovery appeared first on Coinpedia Fintech News
The US Treasury’s $125 million refunding and buyback plan, alongside insights from Arthur Hayes, signal potential market stabilization. This measure by the Treasury Department points at a possible stability for both crypto and stock markets. Arthur Hayes points at macroeconomic factors like a $200 billion infusion of tax receipts to be most crucial for market recovery. Treasury’s strategy includes selling $125 billion in securities at upcoming quarterly refunding auctions. This features various securities such as 3-, 10-, and 30-year Treasuries. Also, speculations exist about the expected adjustments of the Federal Reserve to its US government securities holdings, influencing future market dynamics.
