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Bitcoin dips before Fed rate hike cues amid warning over $9T balance sheet

Bitcoin (BTC) fell into the Wall Street open on Feb. 16 as markets held their breath over upcoming comments from the United States Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Chop then breakout "makes sense" for BitcoinData from Cryptox Markets Pro and TradingView tracked a swift decline for BTC/USD around

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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

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