“To this point, bitcoin has moved in lockstep with liquidity,” Dessislava Ianeva, analysis analyst at crypto knowledge agency Kaiko, informed CoinDesk. Ianeva famous that quantitative tightening (QT), which often occurs when the central financial institution appears to scale back its stability sheet, “was partially offset by the Treasury spending its money on the Fed and Financial institution Time period Funding Program, however that push is now exhausted.”
