๐จ $1.946B from the Fed today. But is this actually โmoney printingโ?
Iโd be careful with that headline.
The New York Fedโs schedule shows a $1.946B Treasury bill purchase today, with settlement on Oct. 6.
But this isnโt the same thing as QE.
These purchases are part of the Fedโs reserve-management operations, designed to keep bank reserves ample and maintain control of short-term rates.
Still, Iโm watching the liquidity angle closely.
Because in crypto, liquidity matters.
The interesting question isnโt simply โDid the Fed inject $1.946B?โ
Itโs:
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
Iโd be careful with that headline.
The New York Fedโs schedule shows a $1.946B Treasury bill purchase today, with settlement on Oct. 6.
But this isnโt the same thing as QE.
These purchases are part of the Fedโs reserve-management operations, designed to keep bank reserves ample and maintain control of short-term rates.
Still, Iโm watching the liquidity angle closely.
Because in crypto, liquidity matters.
The interesting question isnโt simply โDid the Fed inject $1.946B?โ
Itโs:
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
