Reverse Repo (RRP)

Overnight reverse repurchase agreements - RRPONTSYD (daily)

Why: Reverse repo facility absorbs excess liquidity. When RRP falls, that cash re-enters the system and can flow into risk assets.

Category: macro. Macro economic indicators track monetary policy, liquidity conditions, and traditional market positioning. Changes in these metrics often lead Bitcoin price moves by days or weeks.

Source: FRED (Federal Reserve). Updated: Hourly.

API: GET /api/metrics/rrp

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