Source: CryptoSlate ↗
Bitcoin’s faces a weird new macro reality as the Fed turns off the tap and Treasury opens the floodgates
Translation unavailable. Please try again.
What the source reports
Bitcoin's current rally started when the Treasury Department announced on Aug. 19 that, beginning Sept. 9, it would at least double the maximum size of certain buyback operations for government bonds with 10 to 30 years left to maturity, raising the cap from $2 billion to $4 billion per operation. Simply put, the Treasury was […]The postBitcoin’s faces a weird new macro reality as the Fed turns of...
Read the original report on CryptoSlate ↗Live market context
BTC Bitcoin
$67,190.52
-2.35% · 24h
23 supported listings
CAP Cap
$0.1073
+2.59% · 24h
16 supported listings
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
Related news
Open news desk →Crypto ETFs lose $1.53B as Bitcoin leads another week of withdrawals
US crypto ETFs tracking Bitcoin, Ethereum, Solana, Hyperliquid and Zcash recorded a combined $1.53 billion in net outflows during the trading week of Nov. 9–13, with Bitcoin funds accounting for most of the withdrawals. According to Farside Investors, all five…
Bitcoin price loses $68K trendline: Can buyers defend $66K?
Bitcoin has fallen to around $67,200 on Nov. 14, losing more than 10% so far this week and slipping beneath its 200-week moving average as selling continues below $70,000. TradingView’s Binance BTC/USDT charts show Bitcoin touching $66,456 before recovering toward…
NFT sales fall to $33.63M as Bitcoin volume rises
NFT sales have fallen 2.56% to $33.63 million over the past seven days, while Bitcoin recorded higher sales and Ethereum held its position as the largest network for NFT trading. According to CryptoSlam, the seven-day snapshot captured on Nov. 14…