According to Odaily, JPMorgan Chase CEO Jamie Dimon is preparing for potential disruptions in the nearly $30 trillion U.S. Treasury market. The Federal Reserve is expected to intervene only if the situation becomes alarming. The U.S. Treasury market plays a crucial role in global finance, influencing everything from mortgage rates to corporate bond yields. Dimon warns that a collapse in the financial system could have widespread economic repercussions.
The volatility in the U.S. Treasury market may lead the Federal Reserve to step in, which could prompt some investors to consider Bitcoin (BTC) as a hedge against currency instability. This scenario mirrors the events of 2020 when the Federal Reserve implemented aggressive stimulus measures, resulting in a significant rise in Bitcoin prices.