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Bitcoin And Stock Markets | FED Injections | Ethereum DeFi In Trouble? Call of Duty Crypto − 稼げる投資系口コミ情報サイト【Trade Center】
Bitcoin and cryptocurrency markets have been devastated by another massive fall, wiping billions of dollars from the value of combined cryptocurrencies in a matter of minutes. The bitcoin price ditched around 30% over the last 24-hour trading period to lows of $5,721 per bitcoin on the Luxembourg-based Bitstamp exchange, from just under $8,000 yesterday, before slightly recovering to trade around $6,000.
As stocks headed for their worst day since 1987’s Black Monday Crash, the Federal Reserve announced further measures to prop up liquidity including a potential injection of more than $1.5 trillion into the market; stocks responded immediately, cutting losses in half on the announcement, before dropping back down 8%. The Fed said it will ramp up its overnight funding operations—buying “repos,” or repurchase agreements—by $1.5 trillion over the next two days.
References:
Fed’s $1.5 trillion injection may be just the beginning
— Altcoin Buzz (@Altcoinbuzzio) March 14, 2020
The Federal Reserve said it would inject more than $1.5 trillion into short-term funding markets on Thursday and Friday to prevent ominous trading conditions from creating a sharper economic contraction.
1.5 TRILLION $
SOURCE : WSJ pic.twitter.com/WszP3ZxI1o
— Altcoin Buzz (@Altcoinbuzzio) March 12, 2020
https://www.axios.com/federal-reserve-stimulus-helicopter-money-00d74279-a970-4c4d-b570-3cc303559955.html
Call of Duty Crypto to Rival Fortnite V-Bucks
https://www.cryptopolitan.com/call-of-duty-crypto-rival-fortnite-v-bucks/
MakerDAO Debts Grow as DeFi Leader Moves to Stabilize Protocol
https://www.coindesk.com/makerdao-debts-grow-as-defi-leader-moves-to-stabilize-protocol
I’m sure everyone wants to forget this week in crypto, but for those who still need one place to read up on the day DeFi giant @MakerDAO considered shutting down and consequences going forward:https://t.co/xOL49snu5l pic.twitter.com/U57rYH1WxC
— Camila Russo (@CamiRusso) March 13, 2020
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NOTE The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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