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Fed Holds Rates at 3.75%-4% as Bitcoin Gives Back Brief Gain

Published Source: The DefiantRead original

Crypto Insight Summary: Lisa Cook and Beth Hammack dissented in favor of a quarter-point increase, following September's unanimous rate hike. Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Fed maintaining rates pressures risk assets, causing BTC to give back gains.

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Fed Holds Rates at 3.75%-4% as Bitcoin Gives Back Brief Gain — Crypto Insight