The Federal Reserve’s decision to end its quantitative tightening program has the crypto markets on edge. Federal Reserve Chairman Jerome Powell’s comments hinted at an end to balance sheet reduction, which could impact Bitcoin’s bull run. The transition is historically met with volatility but could lead to capital flows into higher-yielding investments. Traders are cautious, with outflows in Bitcoin and Ethereum funds. Despite similarities to 2019 with U.S.-China tensions, experts remain optimistic about Bitcoin’s future. While short-term dips are possible, the long-term outlook for Bitcoin is bullish, fueled by new regulatory and macroeconomic realities.
Read more at Yahoo Finance: Bitcoin Braces for Fed Balance-Sheet Shift as Liquidity Cycle Turns
