Cameron Winklevoss left this
record in your social networks:
“The Fed just gave everyone $300 billion more reason to buy bitcoin.”
Winklevoss’s reaction came after it became known that about $ 143 billion, slightly less than half of the total amount, the Fed would send to help clients of two bankrupt banks: Silicon Valley Bank and Signature Bank. Such an initiative by the Fed was the result of the excitement that swept the market participants.
The Fed does not specify where the remaining $157 billion will go, who will be their recipients, and how many of these recipients there will be.
The regulator’s statement shows how much monetary assistance it is ready to provide to the financial system, which is going through difficult times after a series of banking collapses in March 2023. On Sunday, the Fed announced $11.9 billion in additional support.