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Market Cap: $ 3 787 132 962 593 / 24h Vol: $ 200 392 171 953 / BTC Dominance: 58.653467328398%

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Bitcoin price hits $27K in new 9-month high as Fed injects $300B

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Bitcoin bulls attempt to break higher as Fed liquidity upends quantitative tightening in place since 2021.

Bitcoin (BTC) hit new nine-month highs on March 17 as the latest events in the growing United States banking crisis boosted crypto markets.

10468428-07c5-4bd4-bf7f-2ef372463fdf.pngBTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Banking crisis volatility sees $27,000 BTC price

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $27,025 on Bitstamp before consolidating.

At the time of writing, the pair circled $26,500 with volatility ongoing after the Wall Street open.

A catalyst for fresh upside had come in the form of the Federal Reserve’s balance sheet data overnight, this showing almost $300 billion being injected into the economy as part of the banking crisis response.

The event effectively undid months of liquidity removal under the Fed’s quantitative tightening (QT), and commentators were quick to call the restarting of the opposite phenomenon — quantitative easing (QE).

“They’ll tell you it’s not QE, but the numbers don’t lie. Roughly half of the reduction from a year of quantitative tightening has been erased in a week,” trader, analyst and podcast host Scott Melker, known as “The Wolf of All Streets,” commented.

Bitcoin thus followed a strong performance for U.S. equities the day prior.

For market commentators, belief was there that the uptrend could continue despite stocks producing sideways action on the day.

“Bitcoin is trying to fly - this resistance line will break sooner or later,” popular analytics resource Stockmoney Lizards summarized about a chart showing a rising resistance trend line for BTC/USD.

24390371-d004-45ed-995e-7aef1d8bafc9.pngBTC/USD annotated chart. Source: Stockmoney Lizards/ Twitter

Cointelegraph contributor Michaël van de Poppe, founder and CEO of trading firm Eight, eyed specific levels up and down.

“Chopperino land on Bitcoin, which means that we'll probably have some sideways structures,” he told followers on the day.

“Needs to hold $26K. If that holds, $28-30K is next. If it loses $26K, I'm punting around $25K for some longs. Relatively easy to understand.”
fa53d535-2099-4bbd-a9e5-ba40d7502dc9.png BTC/USD annotated chart. Source: Michaël van de Poppe/ Twitter

Hayes: I'm ditching stocks for crypto

In his latest markets blog post meanwhile, Arthur Hayes, former CEO of derivatives giant BitMEX, revealed a pivot of his own.

Related: Why is the crypto market up today?

In an extensive dissection of current Fed behavior and their potential consequences, Hayes concluded that Bitcoin was a firm haven — in contrast to stocks.

“For me and my portfolio, I’m largely done trading stonks. What’s the point? I generally buy and hold and don’t trade around my positions that frequently. If I believe what I wrote, then I am signing myself up for underperformance,” he revealed.

“If there is a short-term trading opportunity where I think I can earn some quick fiat duckets and then take my profit and buy more Bitcoin, I will do it. Otherwise, I am liquidating most of my stock portfolio and moving it into crypto.”

Hayes added that there was always a chance that he could be wrong about Bitcoin’s “upward trajectory,” and that adjustments to his strategy would follow should that be the case.

“The end was always known in advance. YCC is dead, long live BTFP!” he concluded, referring to the Fed’s Bank Term Funding Program (BTFP) being a disguised form of Yield Curve Control (YCC) “repackaged in a new, shiny, more palatable format.”

The views, thoughts and opinions expressed here are the authors’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Source

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  • 14.10.25 08:46 robertalfred175

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  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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