Bitcoin Stays Close to $91K as Fed Prepares $3.8 Billion Liquidity Boost

Written by Emily J. Thompson, Senior Investment Analyst

Source: stocktwits

Updated: 2d ago

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Source: stocktwits

Federal Reserve's Liquidity Injection: The New York Fed is set to inject $3.8 billion into the economy, renewing focus on liquidity conditions across markets, which could support Bitcoin by easing funding and boosting risk appetite.
Bitcoin Accumulation: Institutional wallets have added approximately 577,000 Bitcoin, indicating ongoing institutional accumulation, while Bitcoin's price has shown resilience amid broader market volatility.
Market Sentiment and Trends: Retail sentiment around Bitcoin has shifted from bullish to bearish, with traders closely monitoring liquidity injections and their potential impact on asset allocation decisions.
Global Central Bank Activity: Central banks worldwide, including the Bank of Japan, remain active in addressing market stress, with liquidity operations being interpreted as supportive for risk assets like Bitcoin.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.