đ„ MARKETS PRICE IN A FED HIKE â WHY BITCOIN AND BONDS ARE IN FOCUS
Wall Street is overwhelmingly pricing in a 25-basis-point Federal Reserve rate hike on Sept. 16, which would lift the federal funds target range to 3.75%â4.00%.
CME FedWatch puts the odds at 94.5%, while a Reuters poll found 85% of economists expect the move. Meanwhile, the 10-year Treasury yield has pushed above 5%, its highest level since 2007, as markets prepare for potentially higher rates ahead.
For Bitcoin, the key issue may be less about the hike itself and more about future guidance. Higher yields can make Treasuries more attractive relative to risk assets, while a hawkish outlook could add pressure to crypto.
Will Fed guidance matter more than the rate decision itself for BTC?
#BTC #FederalReserve #InterestRates #TreasuryYields
#ThuyBNB
$BTC $BNB $NEAR
Wall Street is overwhelmingly pricing in a 25-basis-point Federal Reserve rate hike on Sept. 16, which would lift the federal funds target range to 3.75%â4.00%.
CME FedWatch puts the odds at 94.5%, while a Reuters poll found 85% of economists expect the move. Meanwhile, the 10-year Treasury yield has pushed above 5%, its highest level since 2007, as markets prepare for potentially higher rates ahead.
For Bitcoin, the key issue may be less about the hike itself and more about future guidance. Higher yields can make Treasuries more attractive relative to risk assets, while a hawkish outlook could add pressure to crypto.
Will Fed guidance matter more than the rate decision itself for BTC?
#BTC #FederalReserve #InterestRates #TreasuryYields
#ThuyBNB
$BTC $BNB $NEAR
