What the Fed's Balance Sheet Data Means for Bitcoin

📆 3/24/2023 11:52 PM
📰 CoinDesk

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The federalreserve's balance sheet increased for the second week running, increasing almost $400 billion from the bottom two weeks ago. What does this mean for bitcoin? Watch Chart of the Day, presented by cryptocom:

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Fed balance sheet adds $393B in two weeks — Will this send Bitcoin price to $40K?The U.S. central bank's liabilities may increase if more regional banks fail, creating an upside scenario for Bitcoin. damn sell sell i think it needs to cross 30 before eyeing 40 Yes.
Source: Cointelegraph - 🏆 562. / 51 Read more »