While the end of BTFP marks a significant moment for financial markets, its direct impact on Bitcoin’s price remains multifaceted and uncertain.
The conclusion of the Bank Term Funding Program (BTFP) on March 11, presents a potentially pivotal moment for various financial markets, including the cryptocurrency sector and, by extension, the price of Bitcoin (BTC).
Established as a financial tool to support liquidity and stability within banking institutions, the BTFP plays a crucial role in the broader financial ecosystem. The program ended on March 11 as BTC price hit a new all-time high three days later.
However, market participants and observers are now closely watching the end of BTFP's possible repercussions on asset prices, particularly in the volatile crypto market.
