Fed’s hawkish rate hold keeps pressure on Bitcoin: Analysts
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.
market_reactionBTC/USD around the story−2.94% since the news
Price at the news$80,888.52
First hour after−1.14%
Since the news−2.94%
Volume that hour1.8× normal
Headline and excerpt credited to Cointelegraph. Prices on this page are live, not from the time of the story. Not financial advice.