Summary
- The U.S. Federal Reserve signaled that the end of quantitative tightening (QT) may be approaching, but Bitcoin showed little reaction and remained flat.
- BTC traded at $112,600 over the 24 hours as of the 15th and did not show significant volatility.
- In the BTC options market, short-term put option premiums were higher than call options, indicating investors are placing more weight on a decline.
The U.S. Federal Reserve (the Fed) signaled that the end of quantitative tightening (QT) may be approaching, but Bitcoin (BTC) remained flat.
According to CoinDesk on the 15th (local time), Federal Reserve Chair Jerome Powell said on the 14th (local time) in a speech at the National Association for Business Economics (NABE) in Philadelphia, "We will maintain the existing plan to stop QT when reserves are at or above an 'ample' level, and that time could arrive within months."
However, as of the 15th, Bitcoin traded at $112,600 in a 24-hour flat range and did not show much reaction. In addition, according to Deribit, in the BTC options market short-term put options are maintaining higher premiums than call options (bets on price rises).
The outlet reported, "A slowdown in the pace of quantitative tightening does not mean the start of large-scale quantitative easing."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
