Thursday, March 28, 2024
Home > ICO > Bitcoin Falls to 1-Month Low as Fed Minutes Reveal Talks to Shrink Balance Sheet

Bitcoin Falls to 1-Month Low as Fed Minutes Reveal Talks to Shrink Balance Sheet

“Some participants judged that a significant amount of balance sheet shrinkage could be appropriate over the normalization process, especially in light of abundant liquidity in money markets,” according to the minutes from the Fed’s Dec. 14-15 meeting, published Wednesday at 2 p.m. ET (19:00 coordinated universal time).

Original Source