If the Fed's policy shifts, it may detonate Bitcoin. Previously, the QE cycle had driven BTC to skyrocket by 1000%

Comparative news, according to MarketWatcher, the market believes that the Federal Reserve is expected to shift from quantitative austerity (QT) to quantitative easing (QE), and that this move will inject liquidity into the financial market. Currently, the crypto industry's expectations for QE are still high. The previous QE cycle drove Bitcoin to skyrocket by 1000% between March 2020 and November 2021.

Despite optimism in market sentiment, some analysts warned that quantitative austerity was continuing, only slowing down. Benjamin Cowen, CEO of crypto research firm IntoTheCryptoVerse, stated, “Quantitative austerity did not 'essentially end' on April 1.