Undercurrent CapitalbetaSign in
Cointelegraph

Bitcoin faces fresh pressure after Fed’s hawkish rate hold: Analysts

Read in Focus mode

TLDR — Traders are pricing in a 78% chance of a December rate hike, while analysts say Treasury yields, the US dollar and upcoming inflation data could determine Bitcoin’s next move.

Signal data─ Neutralconfidence 50%Low materiality
AssetEventyield-shiftEvent timeAttention0 readers/hrNormalSmart readers0

Traders are pricing in a 78% chance of a December rate hike, while analysts say Treasury yields, the US dollar and upcoming inflation data could determine Bitcoin’s next move.

0 impressions · 0 upvotes · 0 comments

Discussion (0)

Reading is open to everyone — posting, replying and reporting need an account.

Sign in to join the discussion

No comments yet.