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CointelegraphOctober 29, 20262 min read

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.

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.

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Fed’s hawkish rate hold keeps pressure on Bitcoin: Analysts