🚨The Secret Lever Pulling Crypto’s Strings Isn't Elon or the Halving...
It’s the hyper-boring, super-powerful $2 TRILLION market you've never watched: the Overnight Repo Agreement (Repo).
Think of the Repo market as the Federal Reserve’s plumbing system for cash. The Crypto market (Bitcoin, Ethereum, etc.) is the pool that fills up or drains based on the pressure in those pipes.
📈 When the Fed is Injecting Cash (Repo): More liquidity sloshes into the system. Risk appetite soars. Crypto usually wins.
📉 When the Fed is Draining Cash (Reverse Repo): Cash is sucked out. Financial conditions tighten. Risk assets, especially crypto, feel the freeze.
The takeaway? Watch the Fed's liquidity operations. The flow of boring cash determines the fate of exciting tokens. The "safe" money moves the volatile money.
BTC
92,337.57
+2.80%