$BTC could face more pressure as the Fed remains concerned about inflation and interest rates could stay high for longer.
Here's what Warsh said: • Inflation is still too high. • The Fed wants more data before its next move. • Starting in 2028, only 6 of the 8 yearly meetings will include rate decisions.
Markets are also pricing in an 86% chance of a rate hike in December.
For now inflation data and the Fed's next move remain key for $BTC .