2020 Federal Reserve repo operation to boost Bitcoin credibility

2020 Federal Reserve repo operation is just around the corner! Federal Reserve’s next infusion into the repo markets is sure to cheer up Bitcoin investors as well. Beginning December 13, the Fed will inject close to four hundred twenty-five billion dollars ($425B) to meet the liquidity demands of the banks. The announcement was made in September this year when the Fed also moved towards interest rate cuts. After the rate cut spree in 2019, the Fed is hoping to soothe the markets by injecting billions of dollars into the markets. The effect on Bitcoin will be positive since such irresponsible