Bitcoin eyes new liquidity as the Feds $18.5 billion repo spike reignites money printer chatter

Bitcoin, the largest cryptocurrency by market capitalization, continued its price struggles as traders weighed two stress-tinged signals from the US financial ecosystem.

This week, there was a sudden $18.5 billion Federal Reserve overnight repo operation, and Blue Owl Capital has decided to permanently halt redemptions from a retail-focused private credit fund.

In another era, either headline might have been enough to spark a reflexive “money printer” narrative.

Taken together, they can read like an…