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Benzinga

Business

Bibhu Pattnaik

Wall Street Braces For $6.6 Trillion Fed Shift Amid Bitcoin Price Surge

Bitcoin the Federal Reserve US Federal Reserve Arthur Hayes Crypto

Double,Exposure,Of,Crypto,Currency,Theme,Hologram,Drawing,And,City

Wall Street is discreetly gearing up for a significant alteration in the Federal Reserve’s $6.6 trillion balance sheet, coinciding with a sudden rise in Bitcoin‘s (CRYPTO: BTC) price.

According to a report, Bitcoin’s price has recovered from a recent “flash crash,” soaring nearly 10% and surpassing $111,000.

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