Why is Christ's blood significant in the New Testament?

The significance of Christ's blood in the New Testament lies in its role as the means of redemption. Hebrews 9:22 states, 'without the shedding of blood, there is no remission of sin,' highlighting that Christ's sacrificial death satisfies divine justice on behalf of sinners. His blood washes away sin and establishes the New Covenant, offering forgiveness and the certainty of an eternal inheritance. This covenant is characterized by God's promise to remember sins no more (Hebrews 8:12), signifying complete reconciliation and acceptance of believers.