Mott Capital Management founder Michael Kramer warned that bond and Treasury settlement by the U.S. Department of the Treasury from May 28 to June 5 could drain approximately $150 billion in liquidity from the financial system and further intensify BTC sell pressure. Kramer said that BTC is often a more liquidity-sensitive indicator than most assets; if Treasury settlement causes liquidity to tighten, BTC could continue to fall significantly. (CoihDesk)

BTC-2.46%
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