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Decrypt· Jose Antonio Lanz·· 3d ago

Fed holds rates above 90% as traders eye December hike, Bitcoin near $80,700

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AI brief

The Federal Reserve kept interest rates unchanged at 3.75%-4.00% on September's unanimous decision, with markets pricing over 90% odds of a hold. Futures and prediction markets assign 75% to 80% probability to another quarter-point hike at the December 8-9 meeting. Bitcoin traded around $80,700, pressured by higher Treasury yields as the Fed's policy supports the dollar and weighs on risk assets.

Source: Decrypt · decrypt.co