June 30 (Cointime) - The Bank Term Funding Program (BTFP), an emergency lending program introduced by the American central bank in March to support banks and other depository firms during the banking crisis, has reached a record level of $103.08 billion in loans for the week ending June 28. Despite attempts to reassure investors that the banking crisis is over, the Fed's shadow liquidity is propping up risk-taking behavior across markets, according to market analyst Joe Consorti. The BTFP peak has come in the same week that the Federal Reserve announced its banking stress test results, passing the top 23 lenders in the country. German's Bundesbank may also need a bailout for losses on bonds acquired as part of the European Central Bank asset-purchase programs.