In a crucial move to alleviate year-end liquidity pressures, the Federal Reserve is expected to inject a massive amount of $6.8 billion into financial markets today. This liquidity operation, conducted through repurchase agreements (Repos), is the first of its kind since 2020.
It is worth noting that this potential development is considered a bullish catalyst for the cryptocurrency market. Despite the Fed's supposed restrictive stance, this liquidity measure could boost risk assets such as cryptocurrencies.
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