-
Total assets on the Fed’s balance sheet fell by $77 billion in April, to $7.36 trillion, the lowest since December 2020, according to the Fed’s weekly balance sheet today. Since the end of QE in April 2022, the Fed has shed $1.60 trillion. After months of talking about it, the Fed has now clarified officially when, how, and by how much it will slow QT. ...
-
video Bitcoin found support at 56,500 on Wednesday following a drop below a lower trendline earlier in the session that formed a wedge pattern. That bull wedge pattern was negated by the drop as Bitcoin broke down from the pattern instead of up. However, support was seen just shy of the first target zone from 56,168 to 56,159. That price target consists ...