Bitcoin battles $50K price target as Fed adds $13.5B overnight liquidity

Bitcoin liquidity cues received a clear signal from the Fed, as the end of QT sparked the second-largest overnight liquidity injection since the COVID-19 era.

Bitcoin (BTC) gained a classic macro bull signal into Tuesday as the US Federal Reserve injected $13.5 billion of liquidity. 

Key points:

Fed liquidity operations send a message to crypto and risk assets as the Dec. 1 total rivaled the COVID-19 era.

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