Bitcoin to Remain Under Pressure Until Fed Balance Sheet Expansion

Dollar liquidity on financial markets is showing signs of gradual recovery. However, experts note that assets remain under pressure until new stages of monetary policy begin.

Commentator Arthur Hayes points to the key dependence of market dynamics on the actions of regulators and credit institutions.

In his view, Bitcoin will continue to experience downward pressure in the short term. Sustainable growth of the asset is possible only after the Federal Reserve or the banking sector begins to expand their balance sheets.