Bitcoin price action and stock futures trended lower after Fed governor Christopher Waller said that he would vote to raise interest rates by 0.25% at the December FOMC meeting.
Fed Governor Waller backs December tightening even if inflation cools, while falling oil prices offer some relief and Anthropic withdraws IPO pricing details.
Bitcoin edged lower as US markets digested hawkish signals from the Federal Reserve ahead of a closely watched US inflation release. BTC traded around $74,080 on Bitstamp, down about 1.3% on the...
Markets price in a December Fed rate hike ahead of U.S. inflation data, while bitcoin and gold fall and oil retreats on easing Iran tensions.
He said a half-point increase should be considered if monthly core CPI stays around 0.3% or higher. Kalshi traders increased their December hike bets.... Read the full story at The Defiant
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