$BITCOIN ๐บ๐ธ October Fed hike odds are now only ~17%.
๐ That means markets see about 83% chance of no hike.
This is a big drop from around 60โ70% recently.
๐ฒ For Bitcoin and crypto, fewer expected rate hikes is generally positive because financial conditions may stay easier.
โ ๏ธ But markets still expect a possible December hike, so volatility can remain.
Bottom line: ๐ข Good news for crypto โ October Fed hike looks unlikely.
#Bitcons #FedOctoberRateHikeOddsFallTo17%