What’s Next For The Crypto Bubble? Fed’s Liquidity Push Gives Signs
US Federal Reserve Chairman Jerome Powell recently stated that the Fed will soon expand its balance sheet again — effectively preparing for a new phase of quantitative easing.
The news sent crypto investors into a frenzy in anticipation of a surge in fresh liquidity. At the same time, skeptics warned that it could inflate a dangerous bubble.
The Federal Reserve has recently announced the conclusion of its quantitative tightening program, confirming plans to halt balance-sheet reductions as of December 1.
“Our long-stated plan has been to stop balance sheet runoff when reserves are somewhat above the level we…
