Bitcoin Slips Toward $74K as Fed Hike Odds Hit 96% After Waller
Bitcoin slips toward $74,000 after Fed Governor Christopher Waller backed a December rate hike. Market odds of a 25-basis-point increase surged to 96%. Bitcoin traded lower on Tuesday, approaching the $74,000 level, as Federal Reserve Governor Christopher Waller voiced clear support for raising interest rates at the December FOMC meeting. The remarks pushed market-implied odds […]
Key Takeaways
- Bitcoin slips toward $74,000 after Fed Governor Christopher Waller backed a December rate hike.
- Market odds of a 25-basis-point increase surged to 96%.
- Bitcoin traded lower on Tuesday, approaching the $74,000 level, as Federal Reserve Governor Christopher Waller voiced clear support for raising interest rates at the December FOMC meeting.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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