🚨 $1.946B from the Fed today. But is this actually “money printing”?
I’d be careful with that headline.
The New York Fed’s schedule shows a $1.946B Treasury bill purchase today, with settlement on Oct. 6.
But this isn’t the same thing as QE.
These purchases are part of the Fed’s reserve-management operations, designed to keep bank reserves ample and maintain control of short-term rates.
Still, I’m watching the liquidity angle closely.
Because in crypto, liquidity matters.
The interesting question isn’t simply “Did the Fed inject $1.946B?”
It’s:
Does this become part of a broader liquidity trend, or is it just routine reserve management?
That difference matters for BTC.
$BTC #bitcoin #Fed #crypto
I’d be careful with that headline.
The New York Fed’s schedule shows a $1.946B Treasury bill purchase today, with settlement on Oct. 6.
But this isn’t the same thing as QE.
These purchases are part of the Fed’s reserve-management operations, designed to keep bank reserves ample and maintain control of short-term rates.
Still, I’m watching the liquidity angle closely.
Because in crypto, liquidity matters.
The interesting question isn’t simply “Did the Fed inject $1.946B?”
It’s:
Does this become part of a broader liquidity trend, or is it just routine reserve management?
That difference matters for BTC.
$BTC #bitcoin #Fed #crypto
