The Federal Reserve has injected $29.4 billion into the banking system to address liquidity concerns, marking the largest such move since 2020. This action is not considered quantitative easing but aims to stabilize financial markets. The injection has provided support to Bitcoin, which has seen increased interest as a result of the Fed's intervention. This significant liquidity boost comes amid ongoing economic uncertainties, with the Fed's actions closely watched by cryptocurrency markets. Bitcoin, often viewed as a hedge against traditional financial instability, has responded positively to the news, reflecting broader market sentiment towards digital assets in times of fiscal intervention.