The Bank of England plans to unwind £368 billion of gilts by September 2034, removing an average £46 billion a year from its monetary-policy portfolio.

For Bitcoin, the risk is slower and indirect: if that withdrawal keeps long-term yields higher, tighter financial conditions can weigh on risk appetite even without another rate hike.

https://cryptoslate.com/bitcoin-faces-an-eight-year-rates-test-as-the-boe-unwinds-368-billion/

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