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Bitcoin Falls to 1-Month Low as Fed Minutes Reveal Talks to Shrink Balance Sheet

A reduction in the balance sheet might undermine bitcoin’s appeal as an inflation hedge.

Bijgewerkt 11 mei 2023, 5:31 p..m.. Gepubliceerd 5 jan 2022, 8:27 p..m.. Vertaald door AI
Bitcoin's hourly price chart showed steep drop in the hour after the Fed meetings were released. (TradingView)
Bitcoin's hourly price chart showed steep drop in the hour after the Fed meetings were released. (TradingView)