Bitcoin returns to $90K after Trump orders $200B mortgage bond purchases
Source Cryptopolitan
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Trump just dropped a bomb on markets, saying he wants to spend $200 billion on mortgage bonds to push mortgage rates down and make homes cheaper.
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The $200B figure is reminiscent of the 2008 crash, when mortgage-backed securities triggered the Great Recession.
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Bitcoin is barely above $90K, still in the red. Derivatives show rising open interest (+0.34%), collapsing liquidations (-50%), and neutral RSI.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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