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China injects $62B into banking system via 7-day reverse repos
China injected $62B into its banking system to support growth. Bitcoin reaching $82,500 in July at 0.4% YES, while $67,500 at 36.5% YES.
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Timeline cronologica
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People's Bank of China injects 669.5 billion yuan to ease month-end liquidity crunch
The PBOC injected 669.5 billion yuan through reverse repos to ease month-end liquidity pressures, keeping rates at 1.4% with limited crypto market impact.
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China injects $62B into banking system via 7-day reverse repos
China injected $62B into its banking system to support growth. Bitcoin reaching $82,500 in July at 0.4% YES, while $67,500 at 36.5% YES.