FED's Reverse Repo Plummet: What It Means for #Crypto and Markets 📉
The FED's reverse repo has nosedived by $46 billion overnight, hitting a low of $155 billion—unseen since 2021.
🔍 What does this signify?
• Higher Short-term Interest Rates: Expect borrowing costs to rise.
• Reduced Spending: Higher rates often lead to less consumer spending.
This scenario is generally #bearish for both stocks and #cryptocurrency markets.
🌩️ The FED might need to inject liquidity soon or risk market drawdowns.