Markets, Fed, Powell, Bitcoin, Markets, News The Fed’s quantitative tightening, which began in 2022, has reduced the balance sheet from $9 trillion to $6.6 trillion. 

Federal Reserve Chairman Jerome Powell on Tuesday said that the central bank could soon reach a point where its long-running program to reduce the balance sheet size would need to end. Yet, BTC continues to trade in the red with derivatives pointing to persistent bearish sentiment.

“Our long-stated plan is …

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