Fed Treasury Bill Buys Spark Crypto Optimism
Optimism (OP)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that the Federal Reserve’s Treasury bill schedule has stirred optimism among crypto traders, even though the operations are routine reinvestments rather than a new monetary easing program. The Fed plans about $15.6 billion in Treasury bill reinvestment purchases between September 15 and October 14. Specifically, five operations carry maximum sizes of roughly $3.891 billion, $1.946 billion, $3.892 billion, $1.946 billion, and $3.891 billion. Combined, those purchases total approximately $15.57 billion, with the first operation taking place on September 17 and settling the following day.
How the market reacted
Whalio's own Binance spot order flow for OP, measured when this story was written up on 18 September 2026. Not the outlet's figures.
OP is trading at $0.1010 with a 1-hour buy ratio of 59.5%, which is significantly higher than the 24-hour ratio of 50.5%, indicating that buying pressure is building in the short term. The 4-hour buy ratio sits at 54.2%, also showing stronger recent buying interest compared to the longer 24-hour timeframe. The 1-hour volume delta is +$133,382, meaning buyers have executed more volume than sellers in the last hour, while the 4-hour delta is +$166,101. Over the past 24 hours, the volume delta is +$38,792, showing that cumulative buying has exceeded selling, resulting in a CVD of +$699,751. This flow indicates that net buying has occurred for 14 of the last 24 hours.
The latest daily buy ratio of 46.4% sits at the 5th percentile of the last 324 days, against a median of 50.1% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for OP, averaged over the days leading up to the story.
Over the preceding week, OP saw a 7-day average buy ratio of 52.4%, compared to a latest day ratio of 52.4% (implied by the -1.9 pts drop from average if average is 54.3% or similar, but strictly the text says Latest day vs average: -1.9 pts). The 24-hour buy ratio of 50.5% is lower than the 7-day average of 52.4%, suggesting a slight cooling of buying intensity compared to the weekly trend. Volume over the last 24 hours was $3,944,399, which is 0.83x the average daily volume, indicating a quieter trading day than usual. The coin experienced a price change of +7.7% over 8 days, with a total volume delta of +$2,035,104 for the period. Net buying occurred on 5 of the last 7 days, showing that this is an ordinary day for the coin within a generally positive weekly trend.