Bitcoin battles $50K price target as Fed adds $13.5B overnight liquidity
Bitcoin liquidity cues received a clear signal from the Fed, as the end of QT sparked the second-largest overnight liquidity injection since the COVID-19 era.
Bitcoin (BTC) gained a classic macro bull signal into Tuesday as the US Federal Reserve injected $13.5 billion of liquidity.
Key points:
Fed liquidity operations send a message to crypto and risk assets as the Dec. 1 total rivaled the COVID-19 era.
