📰 Crypto under pressure as markets price in a possible December Fed rate hike.
Hotter-than-expected inflation put higher rates back on the table. Investors are also watching Washington for signs of tighter crypto rules and weighing what Strategy’s removal from key MSCI indexes could mean for its future Bitcoin purchases.
Meanwhile, Ether fell 4.6% on Friday, bringing its weekly decline to 13.2%.
Which are you watching most closely: the Fed, crypto regulation, or Strategy’s next move?
$BTC
#FederalReserve #MarketUpdate
Hotter-than-expected inflation put higher rates back on the table. Investors are also watching Washington for signs of tighter crypto rules and weighing what Strategy’s removal from key MSCI indexes could mean for its future Bitcoin purchases.
Meanwhile, Ether fell 4.6% on Friday, bringing its weekly decline to 13.2%.
Which are you watching most closely: the Fed, crypto regulation, or Strategy’s next move?
$BTC
#FederalReserve #MarketUpdate
