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

Cointelegraph·October 29, 2026·1 min read
Fed’s hawkish rate hold keeps pressure on Bitcoin: Analysts

Traders price a 78% chance of a December rate hike as the Fed holds rates steady. Analysts say Treasury yields, the US dollar, and upcoming inflation data could determine Bitcoin's next move. The hawkish stance keeps pressure on Bitcoin, with market participants watching macro cues for direction.

Read at Cointelegraph
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