Bitcoin Braces for Fed Balance-Sheet Shift as Liquidity Cycle Turns

The Federal Reserve's decision to end its quantitative tightening program has placed the crypto markets at a critical juncture, with investors weighing whether this pivot will reignite Bitcoin's bull run or lead to a repeat of its 2019 post-policy slump. Federal Reserve Chairman Jerome Powell’s comments on Tuesday hinted at an end to the central bank’s balance sheet reduction, also known as quantitative tightening. The process is bullish for risk assets like Bitcoin, experts previously told Decrypt. The Fed ...