The Fed's $40 billion purchases will not affect crypto.

Federal Reserve's Latest Move

Last week, the Federal Reserve announced it would start purchasing $40 billion worth of short-term Treasury securities, lowering interest rates. This development has excited the cryptocurrency community. However, some observers note that this operation does not hold the same potential as the central bank's previous quantitative easing (QE) programs.

At this point, while QE programs have given a tremendous boost to risky assets, the current purchasing program is not expected to have the same effect. Investors continue to closely monitor how the markets will be affected by this situation.