EconomyWhy the Fed balance sheet is lying to you about the next Bitcoin rally
The Fed raised rates while retaining a framework for maintaining ample reserves and the option to buy short-term Treasuries for reserve management. The article argues that a larger balance sheet does not necessarily mean quantitative easing: Bitcoin liquidity depends on how policy reaches markets, not simply on the balance sheet’s size.
Why the Fed balance sheet is lying to you about the next Bitcoin rally
Economy