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LATESTFed’s Next Rate Move Has Traders Staring at a Coin Toss

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: The Federal Reserve waited 1,148 days to raise interest rates again, and speculators are already betting it won’t stop at one. Polymarket, Kalshi, and CME futures now lean toward another quarter-point hike at the Oct. 28 meeting, while CME puts the odds of rates being higher by December at 90.1%. Just one month ago, futures […] Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH / Bearish ALT Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Fed rate hike expectations increase market uncertainty, prompting risk-off sentiment in crypto.

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Fed’s Next Rate Move Has Traders Staring at a Coin Toss — Crypto Insight