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Goldman pivots, now forecasts Fed hike in October
Published Source: CoinDeskRead original
Crypto Insight Summary: The Fed is likely to raise rates by 25 basis points in October, Goldman said, drawing attention to Fed's own hawkish near term rate projections. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Fed rate hike expectations typically pressure crypto markets.