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Fed’s ‘third mandate’ may devalue dollar, send crypto soaring

Donald Trump’s latest Fed pick cited a “third mandate” for the bank to moderate long-term rates, potentially justifying yield curve control policies, which could boost Bitcoin.

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Fed’s ‘third mandate’ may devalue dollar, send crypto soaring

Donald Trump’s latest Fed pick cited a “third mandate” for the bank to moderate long-term rates, potentially justifying yield curve control policies, which could boost Bitcoin.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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