While the end of BTFP marks a significant moment for financial markets, its direct impact on Bitcoin’s price remains multifaceted and uncertain.
The conclusion of the Bank Term Funding Program on March 11, presents a potentially pivotal moment for various financial markets, including the cryptocurrency sector and, by extension, the price of Bitcoin post: "Currently, $BTC is approximately 28 days away from the Halving and has pulled back -14% in total since last week."It's also important to consider the broader macroeconomic context, including interest rates, inflation, and geopolitical events, which will continue to influence Bitcoin and cryptocurrency markets.
Therefore, while the end of the Bank Term Funding Program marks a significant moment for financial markets, its direct impact on Bitcoin’s price is multifaceted and uncertain. Factors such as market liquidity, investor sentiment, and broader economic conditions will all play a role in shaping the BTC price trajectory in a post-BTFP world.
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