The Fed is reportedly providing liquidity support that's helping keep money markets stable heading into quarter-end, according to Reuters. Previously the Fed was buying $40 billion in Treasury bills per month to inject cash into the system that pace has now slowed to $10 billion per month.

From a market perspective, this is generally supportive for risk assets like stocks and Bitcoin. Even though the amount has decreased, liquidity is still flowing and as long as the Fed hasn't fully tightened, market sentiment will likely remain intact. Worth watching whether this slowdown continues or if there's a change in direction in the second half of 2026.