The Federal Reserve announced at the Federal Open Market Committee (FOMC) meeting on Wednesday that it will slow the pace of its balance sheet reduction starting April 1. This adjustment aims to create conditions for a smooth end to quantitative tightening (QT). The Fed has lowered the maximum reduction of Treasury securities from $25 billion per month to $5 billion, while keeping the maximum reduction of mortgage-backed securities (MBS) unchanged.

The Fed's slowing of the balance sheet reduction means that market liquidity will be more abundant. (Favorable for the crypto space😁)