NIL/USDT is trading around $0.0876 after bouncing from the $0.0709 low. Buyers are pushing price higher, but the $0.089–$0.093 zone is worth watching for resistance.
Beyond the chart, @Nillion is building privacy-preserving technology with Covenants and its first release, DUSK. The combination of privacy and verifiable computation makes this ecosystem worth following.
🚨 The Fed’s October 28 decision could be important for crypto.
Polymarket data shows traders are divided on the next move:
66% — Interest rates remain unchanged 35% — 25 bps rate hike Less than 1% — 50+ bps hike Less than 1% — 25 bps rate cut
A rate hike could put pressure on risk assets like Bitcoin, while an unchanged decision may bring some relief to markets. However, the Fed’s comments about future policy could matter just as much as the decision itself.
For crypto, I’ll be watching three things: • The Fed’s rate decision • Inflation and economic data • Bitcoin’s reaction after the announcement
These are market-implied odds, not guaranteed outcomes, and they can change quickly.
The big question is whether the Fed gives markets a reason to take more risk or stay cautious. 👀