What was claimed
Fed will inject $14.61 BILLION into the market starting this week. Liquidity will hit the market for 3 consecutive weeks, which is good for crypto.
Our verdict
InaccurateThe available report states that new Treasury purchases were suspended for a third consecutive month. It does not support three consecutive weeks of fresh liquidity injections. The reported $14.6 billion represents reinvestment of principal from maturing securities, not fresh cash supplied to markets. The same report says the Fed paused new Treasury purchases.