Video Description
🔴 LIVE – Bitcoin broke $83,000 this week and $400 million in leveraged longs got liquidated in under an hour — but that cascade isn't a Bitcoin problem. The real story is underneath it. The New York Fed quietly sent examiners into JPMorgan, Wells Fargo, Barclays, and Morgan Stanley asking about exposure to a $1.3 trillion private credit market, and the U.S. Treasury was forced to buy back $6 billion of its own long-term debt as yields hit a 24-year high.
In this live Bitcast breakdown you'll see why the liquidation cascade matters less than the bank probe behind it, you'll learn what Treasury's $6B buyback and 5.3% yields signal about a strained financial system, and you'll be able to connect France bypassing its own parliament over €43 billion in budget cuts, a brutal week of tanker...
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