Fed Move And Crypto Vibes
The Fed cut rates by 25 bps as expected. But the real shock was a $40B T bill buying plan that feels like quiet QE. More cash is flowing and the dollar looks softer. That is good fuel for crypto.
Rates now sit around three point five to three point seven five percent after a tight vote. The Fed started buying T bills on Dec 12 to push $40B into the system. This kind of flow often lifts risk assets.
Short term swings may hit after Powells words. But the bigger picture looks brighter for BTC ETH and the whole crypto space. Bitcoin is holding above $89K right now.
Rates down
Liquidity up
Crypto wakes up
FOLKSUSDT
Perp
35.87
+144.44%
PROMPTUSDT
Perp
0.06847
+2.01%
BASUSDT
Perp
0.005102
+29.46%