🏦 The Fed “holds steady,” but 2 members vote to hike rates—is December really coming?
On October 28, the Fed voted 10–2 to keep the federal funds target range at 3.75%–4.00%. Dissenting voters Lisa Cook and Beth Hammack both favored another 25-basis-point rate hike. The statement said inflation “remains elevated” and the economy is “expanding at a solid pace.”
📋 Key information
• Rates are unchanged, but internal divisions are now public: two votes came down squarely on the side of “hike now”
• The next meeting is December 8–9, and will include the latest economic projections; CME FedWatch puts the probability of a rate hike by December at around 78%
• After the decision, BTC briefly surged to $81,000 before pulling back, touching a low of around $76,326 on October 30
📉 Market impact
• With risk-free rates near 4%, non-yielding assets like Bitcoin have to compete with Treasury bonds for capital
• On October 29, liquidations across the crypto market totaled around $374 million, including about $219 million in long positions
• Upcoming jobs and inflation data will determine whether rates are raised in December
🔑 Key BTC levels (currently around $77,360)
• Support: 76,300 / 75,000
• Resistance: 79,800–80,000 / 81,900
How much of a December rate hike has the market already priced in? Would you reduce your position early, or wait for the data?
👉 Trade BTC: https://www.binance.com/zh-CN/trade/BTC_USDT
#美联储利率下限决议为3点75 #FOMC #BTC #RateHike
⚠️ The above does not constitute investment advice. Please be aware of the risks.
On October 28, the Fed voted 10–2 to keep the federal funds target range at 3.75%–4.00%. Dissenting voters Lisa Cook and Beth Hammack both favored another 25-basis-point rate hike. The statement said inflation “remains elevated” and the economy is “expanding at a solid pace.”
📋 Key information
• Rates are unchanged, but internal divisions are now public: two votes came down squarely on the side of “hike now”
• The next meeting is December 8–9, and will include the latest economic projections; CME FedWatch puts the probability of a rate hike by December at around 78%
• After the decision, BTC briefly surged to $81,000 before pulling back, touching a low of around $76,326 on October 30
📉 Market impact
• With risk-free rates near 4%, non-yielding assets like Bitcoin have to compete with Treasury bonds for capital
• On October 29, liquidations across the crypto market totaled around $374 million, including about $219 million in long positions
• Upcoming jobs and inflation data will determine whether rates are raised in December
🔑 Key BTC levels (currently around $77,360)
• Support: 76,300 / 75,000
• Resistance: 79,800–80,000 / 81,900
How much of a December rate hike has the market already priced in? Would you reduce your position early, or wait for the data?
👉 Trade BTC: https://www.binance.com/zh-CN/trade/BTC_USDT
#美联储利率下限决议为3点75 #FOMC #BTC #RateHike
⚠️ The above does not constitute investment advice. Please be aware of the risks.
