U.S. SLR Reform Boosts Bitcoin Potential Amid Market Shifts

The SLR reform by the U.S. Department of the Treasury could act as a catalyst for Bitcoin's growth. Regulatory shifts might unlock approximately $250 billion in capital, possibly leading to lower yields and prompting investors to seek higher-risk assets. The decline in yields of 10-year bonds serves as an effective marketing strategy for Bitcoin. Critics argue that banks may struggle with the increased supply of treasury securities, potentially forcing the Federal Reserve back onto the market. On-chain data highlights major purchases of coins directly due to decreased OTC desk inventories. This regulatory change functions as a form of covert QE, especially as the Fed faces inflation limits and political pressure. At the time of reporting, Bitcoin was trading at around $108,790. Monitoring this regulatory shift is crucial, as it could exert significant influence over the crypto market.