More cracks seem to be appearing in US financial markets as the central bank has to step in once again with a rescue effort. A spike in overnight borrowing rates has set alarm bells ringing as the economy teeters on a precipice which could lead to another recession. Good news for bitcoin? Fed Meddles Again Warning lights flashed red in a corner of the markets the public rarely notices yesterday. According to CNN, the NewRead MoreThe post Fed’s $53 Billion ‘Rescue Operation’ is Good News for Bitcoin appeared first on Bitcoinist.com.
