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Fed money printer goes into reverse: What does it mean for crypto?

Published 06/01/2022, 02:10 AM
Updated 06/01/2022, 04:00 AM
Fed money printer goes into reverse: What does it mean for crypto?

The United States Federal Reserve is starting the process of paring back its $9 trillion balance sheet that ballooned in recent years in a move called quantitative tightening (QT).

Analysts from a crypto exchange and financial investment firm have conflicting opinions about whether QT, starting on Wednesday, will put an end to a decade of unprecedented growth across crypto markets.

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