🇺🇸 LIQUIDITY UPDATE: The Fed has paused its reserve-boosting Treasury bill purchases after buying roughly $215 BILLION since December.
The Fed’s balance sheet is still up about $209B over that period, with some banks expecting purchases to restart in October.
For liquidity-sensitive assets like Bitcoin, that restart will be worth watching closely 👀
The Fed’s balance sheet is still up about $209B over that period, with some banks expecting purchases to restart in October.
For liquidity-sensitive assets like Bitcoin, that restart will be worth watching closely 👀
