After three years of restrictive monetary policy aimed at combating post-COVID inflation<\/strong>, the Fed is changing its stance. Since June 2022, the American central bank had been drastically reducing its balance sheet, draining liquidity from the markets at a breakneck pace (up to $95 billion per month<\/strong>). This December 1st marks the end of this hemorrhage: the balance sheet is now frozen at $6.57 trillion.<\/strong><\/p>\n\n\n\n For financial markets, this marks the end of constant downward pressure<\/strong>. Quantitative Tightening (QT) acted like a handbrake, withdrawing dollars from the system and weighing heavily on so-called “risk-on” assets. The cessation of this mechanism is perceived by many as a welcome normalization<\/strong>, removing a major headwind that had been blowing against cryptocurrencies<\/a> since the beginning of the last bear market.<\/p>\n\n\n\n While waiting for the bull run to return, receive $65 in just a few clicks<\/strong> by making a deposit on ByBit<\/a><\/strong> with our exclusive offer. Take advantage and earn $65 free to buy your altcoins<\/a> that will explode in 2026:<\/p>\n\n\n\n