Fed Week Puts Stocks, Bitcoin, and DXY on Collision Course Before $11 Billion Expiry
BTC when published $80,692Now $80,617 ▼ −0.09% since it was published
One week could decide what your stocks, your Bitcoin (BTC), and your dollars are worth by Christmas. From Wednesday to Friday, the Federal Reserve meets, inflation data lands, and $11 billion in Bitcoin bets expire. A month ago, traders thought a rate hike this week was likely. Today, they put the odds below one in 10. Yet almost nobody on Wall Street thinks the Fed is done. Why Does a Likely Fed Pause Still Matter for December? In September, the Fed raised interest rates for the first time since 2023. The Fed’s September hike put its key rate between 3.75% and 4.00%. That number touches almost everything. It shapes what people pay on mortgages, car loans, and credit cards. It also decides where big money goes.
First reported by BeInCrypto. This page is a short excerpt; the full text is theirs.
