Bitcoin Falls as Hot US Inflation Fuels Fears of Bigger Fed Rate Hike
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Bitcoin Tests $81,000 as Rate Hike Fears Linger After Hot Inflation Data
Odds of an October Fed hike have climbed to 29% from 18% a week ago, and analysts see Bitcoin range-bound until the picture clears.
Bitcoin Falls as Hot Inflation Puts a Fed Hike Back on the Table
September CPI hit 3.7%, above forecasts, sending Treasury yields higher and dragging crypto down with stocks.
Hot US inflation raises odds of half-point Fed hike in December
US inflation came in above forecasts in October, increasing expectations of a bigger rate hike in December and raising concerns for crypto investors.
Bitcoin nears 11-week low after ‘discouraging’ US CPI inflation beat
Bitcoin and US stocks initially fall after October inflation tops forecasts, with traders expecting a quarter-point Fed rate hike in December.
Bitcoin in Limbo as Stocks Rebound Ahead of US Inflation Report
U.S. stocks rallied as oil fell, but Bitcoin hovered near $75,000 after a wave of liquidations, with Tuesday’s inflation report set to test bets on a December Fed rate hike.
Bitcoin price dips below $82K as high oil prices spike US CPI inflation
Bitcoin fell below $82,000 while bond yields targeted new 24-year highs on the back of hot US CPI inflation.