A fresh update: Fed Governor Waller recently said he supports raising interest rates in December, and warned that if inflation continues to accelerate, he would support a 50-basis-point hike to preserve the Fed’s credibility.
Overall, the news is negative. $BTC is currently trading at 74381.23.
Good news fails to push prices up, and bad news has no impact—that in itself is a signal. How long do you think this will continue to play out?