“To this point, bitcoin has moved in lockstep with liquidity,” Dessislava Ianeva, analysis analyst at crypto information agency Kaiko, informed CoinDesk. Ianeva famous that quantitative tightening (QT), which normally occurs when the central financial institution seems to be to cut back its steadiness sheet, “was partially offset by the Treasury spending its money on the Fed and Financial institution Time period Funding Program, however that push is now exhausted.”
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