📉 1. End of QT is approaching
The FED has reduced its balance to $6.7T. QT is expected to end by mid-2025, as banks are reaching their minimum reserve limits.
🔗 Source: JPMorgan
📊 2. Debt ceiling: critical date in August
The U.S. reinstated the limit at $36.1T. If Congress does not act before August, we could see a technical default with global effects.
🔗 Source: CBS News
💬 3. Trump proposes “One Big Beautiful Bill”
Aims to avoid default with tax cuts + increased spending. But it would increase the deficit by $2.7T in 10 years.
🔗 Source: WSJ
💡 What about cryptos?
👉 If the FED resumes printing money or injecting liquidity, assets like BTC and ETH could benefit.
👉 But if there are spending cuts or political turbulence, volatility could increase.
📌 Conclusion
We are facing a key stage. Liquidity, political decisions, and debt will directly influence market behavior.
Stay informed. The coming weeks will be crucial. 🔔