Crypto Market Rebounds as Fed Signals Potential Support Tools
🚀 $BTC Surges Past $84K After Fed Comments
Bitcoin rallied over 5% on Friday, climbing to just under $84,000, following remarks from Boston Fed President Susan Collins signaling readiness to deploy market-stabilizing tools if liquidity concerns rise.
🗣️ Key Highlights:
• Collins told the Financial Times that while the Fed’s primary interest rate remains a key tool, it’s "not the only or best instrument" for addressing liquidity or market disruptions.
• This reassured markets that the Fed may step in with alternative measures — as it did during the 2020 COVID-19 crisis, which helped propel $BTC from $5,000 to $60,000 within a year.
• The latest drop in the PPI (Producer Price Index) also eased inflation concerns, supporting bullish sentiment.
📊 Market Movement:
• $BTC : +5% to ~$84,000
• $ETH, $XRP, and $SOL followed the upward trend
• Reversal from Thursday’s sharp drop, driven by global trade war jitters and risk-off investor sentiment
📉 Bond Market Context:
Despite equity market caution, investors are selling off 10-year Treasury Notes, pushing yields beyond 4.5% — fueling expectations that the Fed may soon act to restore confidence.
Will history repeat itself?
With the Fed hinting at intervention, many in the crypto space are eyeing a potential repeat of 2020’s massive rally.
