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

Federal Reserve's Latest Move

Last week, the Federal Reserve announced it would begin purchasing short-term Treasury securities valued at 40 billion dollars as it lowered interest rates. This development has generated excitement within the cryptocurrency community. However, some observers note that this operation does not have the same potential as the central bank's previous quantitative easing (QE) programs.

At this point, while QE programs have provided tremendous momentum to risky assets, the current purchasing program is not expected to create the same effect. Investors are closely monitoring how the markets will be affected by this situation.