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Fed starts ‘stealth QE’ — 5 things to know in Bitcoin this week

Cryptocurrency Mar 13, 2023 08:00AM ET
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Bitcoin (BTC) begins a new week with a bullish surge above $22,000 as the Federal Reserve injects liquidity into the United States economy.

In a move which can rival any classic Bitcoin comeback, BTC/USD is up a full 15% off the two-month lows seen on March 10.

Fed target rate probabilities chart. Source: CME Group (NASDAQ:CME)
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView
BTC/USD annotated chart. Source: Rekt Capital/ Twitter
USDC/USD 1-hour candle chart (Bitstamp). Source: TradingView
Crypto Fear & Greed Index (screenshot). Source: Alternative.me
Bitcoin futures funding rates chart. Source: Glassnode
Crypto liquidations chart. Source: Coinglass

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Fed starts ‘stealth QE’ — 5 things to know in Bitcoin this week
 

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