Bitcoin Faces Pressure as CME FedWatch Shows Full Odds of December Fed Rate Hike
MARKETSFederal Reservecoinbrief/daily · 1 source
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What happened
Bitcoin is under pressure because traders now expect the Federal Reserve, the US central bank, to raise interest rates in December. Money has also continued to flow out of digital assets.
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What to do
- Monitor the December Federal Reserve rate decision that the CME FedWatch odds refer to.
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Who reported · 1 outlet
U.Today
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