🚨 Oil is stealing the headlines…

But...

Did you know Venezuela holds 600,000+ #BTC

Worth $55.7B at $92.8K?

And the amount of gold is considerably as well...

🚀 Ending QT tomorrow December 1st halts approx $40 billion per month in total runoff, providing a subtle boost keeping that cash in the system (via reinvestments).

This will ease short term funding stresses (like lower SOFR spreads) instantly, as markets anticipate less reserve pressure.

What does it means for #Bitcoin?

Lower yields on short term Treasuries, potential Bitxoin rally (as seen post-2019 QT end).