Federal Reserve’s Balance Sheet Shift Shakes Markets, Bitcoin Struggles

Market observers are closely watching the Federal Reserve for updates, particularly from Chair Jerome Powell regarding its balance sheet reduction program. The possibility of this program being halted is sparking discussion across financial markets and raising questions about how it will impact global economic strategies. While these developments have triggered a downward trend in Bitcoin, digital currency analysts caution that a cautious outlook persists due to negative market sentiment influenced by the global economic landscape.