The Federal Reserve, in their infinite wisdom, has decided to stop draining money from the economy. And yet, Bitcoin is still below $100,000. Groundbreaking stuff, right? 🤡
Crypto investors are pinning their hopes on this move, probably because they ran out of other excuses. “Liquidity inflows!” they shout, as if money is just going to magically materialize like a genie in a crypto bottle. 🧙♂️✨
They froze their balance sheet at $6.57 trillion, which sounds impressive until you realize it’s still less than my imaginary friend’s net worth. The real magic trick? Stopping the “quantitative tightening” circus. 🎪
Ending QT means the Fed is finally admitting they’ve tightened financial conditions enough to make a college student feel broke. But hey, at least they’re not draining $2.3 trillion anymore! Progress, I guess. 🤷♂️
In 2019, when they did this, Bitcoin magically jumped from $3k to $29k. Maybe it was the moon landing, maybe it was a miracle. Who knows? But now, in 2024, we’re stuck with a market that’s up 7.2% in 24 hours but still looks like it’s waiting for directions. 🤔
Benjamin Cowen, a guy with a fancy title and a better grasp of time, explained that the Fed’s balance sheet won’t start flooding the system until 2026. Because obviously, the economy needs a 2-year head start to get its act together. 🚀
Read More
- All Golden Ball Locations in Yakuza Kiwami 3 & Dark Ties
- Hollywood is using “bounty hunters” to track AI companies misusing IP
- Gold Rate Forecast
- What time is the Single’s Inferno Season 5 reunion on Netflix?
- NBA 2K26 Season 5 Adds College Themed Content
- Mario Tennis Fever Review: Game, Set, Match
- The Abandons: Netflix Western Series Disappoints With Low Rotten Tomatoes Score
- EUR INR PREDICTION
- 2026 Upcoming Games Release Schedule
- Train Dreams Is an Argument Against Complicity
2025-12-03 23:32