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US Fed Prints $400 Billion, Bitcoin Price and Ethereum Sets To Rally

source-logo  coingape.com 24 March 2023 12:26, UTC

The U.S. Federal Reserve balance sheet rises almost $100 billion this week, taking the total to $400 billion. The central bank continues to print more money for rescuing cash-strapped banks since the collapse of Silvergate, Silicon Valley Bank, and Signature Bank. Bitcoin and Ethereum prices have soared higher as a result, with the crypto fear and greed index rising to 61.

coingape.com