Bitcoin faces fresh pressure after Fed’s hawkish rate hold: Analysts

Crypto Insight Summary: 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. Crypto Insight Analysis: Direction: Bearish BTC Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Hawkish Fed hold and rising rate-hike odds strengthen the dollar and yields, pressuring crypto risk assets.