Fed’s ‘Third Mandate’ Could Boost Bitcoin as Dollar Weakens

The US Federal Reserve may have a “third mandate” affecting long-term interest rates.

Trump’s Fed pick, Stephen Miran, highlighted this lesser-known goal. It requires moderating long-term rates, alongside the usual jobs and price stability mandates.

This could justify more aggressive policies like yield curve control or money printing. Lower rates may reduce government borrowing costs and support housing.

Crypto reacts positively. Experts say Bitcoin could absorb capital as a hedge against dollar weakness. Yield curve control might even send BTC toward $1M, some claim.