Fed Hike Odds Hit 84% After Bitcoin ETFs Lose $1.28 Billion
4 Articles
4 Articles
Can crypto recover if US inflation keeps rate hike bets alive?
The US jobs report strengthened the case for a December rate increase just as investors withdrew $1.28 billion from spot Bitcoin ETFs in a week. Tuesday’s inflation release gives traders a new test, but a gap in last year’s data…
Fed Hike Odds Hit 84% After Bitcoin ETFs Lose $1.28 Billion
Fed hike odds for December have climbed to 84%, according to CME Group's FedWatch tool. US spot Bitcoin (BTC) exchange-traded funds (ETFs) shed $1.28 billion last week. FedWatch derives its odds from fed funds futures. Those contracts give a hold just 15.6%, against 84.4% for a hike to 4.00% to...
CryptoTendence Check the economic calendar from November 9 to 13 and discover the key data for Forex, Wall Street, bitcoin, gold and bonds. The entry Economic Calendar: US inflation tests markets this week was first published in CryptoTendence.
Calendar for the week of November 9-13: US inflation and crypto agenda 📊 US CPI will be released on Tuesday and PPI on Friday. Monthly expectations are 0.3% and 0.4% respectively. ⛏️ Binance Pool will end its mining pool and cloud mining services on Tuesday at 10:00 AM. 🔓 37.23 billion RAIN will be unlocked on Tuesday, 6.875 billion PUMP and 4.54 million APT on Wednesday. 🏦 MSCI will announce the companies that will be affected by the new cri…
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