๐Ÿ‡บ๐Ÿ‡ธ 3$3.4T Bank of America now expects the Fed to announce Reserve Management Purchases at the December FOMC meeting.

What this means:

๐ŸŸฆ More bank reserves added

๐Ÿ›‘ Prevents SOFR spike

๐Ÿ’ง Avoids reserve scarcity

๐Ÿ“ˆ Bullish for risk-on assets โ€” including crypto & equities

โšก๐Ÿ”ฅ๐Ÿ“Š

$BTC

BTC
BTCUSDT
92,438.8
+2.46%

$ETH $

ETH
ETHUSDT
3,247.54
+1.36%
BNB
BNBUSDT
889.4
+2.34%