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+10 Cryptopulse 10 of 100, Leaning bullish.
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Bitcoin faces fresh pressure after Fed’s hawkish rate hold: Analysts

Bitcoin faces fresh pressure after Fed’s hawkish rate hold: Analysts
AI summary

The Federal Reserve held rates but struck a hawkish tone, and traders now price a 78% chance of a December rate hike. Analysts say Treasury yields, the US dollar and upcoming inflation data will drive Bitcoin's next move. Higher-for-longer rates pressure risk assets, so traders should watch yields and the dollar for Bitcoin's direction.

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