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Waller backs December hike as Bitcoin slips toward $74K on tighter rate bets

Waller backs December hike as Bitcoin slips toward $74K on tighter rate bets
AI summary

Federal Reserve Governor Waller backed a December rate hike and said a half-point increase should be considered if monthly core CPI stays around 0.3% or higher. Bitcoin slipped toward $74K as traders on Kalshi raised their bets on a December hike. Higher rate expectations tighten liquidity and weigh on risk assets, so traders are watching CPI prints and Fed guidance for the next move in crypto.

Narrative history
9 linked stories · 6 outlets · since 15 Oct
  1. 23M AGO
    CoinDesk · Score 45 · via stock rebound, inflation
  2. 37M AGO
    You’re reading this
    Waller backs December hike as Bitcoin slips toward $74K on tighter rate bets
    The Defiant · Score 72
  3. 59M AGO
  4. 1H AGO
  5. 16H AGO
    Decrypt · Score 55 · via Inflation, Fed rate
  6. 9 NOV · 09:33
    CoinDesk · Score 25 · via U.S inflation, inflation
  7. 9 NOV · 08:50
    crypto.news · Score 55 · via US inflation, inflation
  8. 6 NOV · 17:49
    Cointelegraph · Score 62 · via rate-hike bets, rate-hike rate-hike
  9. 1 NOV · 17:23
    BeInCrypto · Score 45 · via Inflation Fed, Inflation
  10. 15 OCT · 11:48
    Decrypt · Score 72 · via keeps rate, alive
Most read · 72h

Bearish Why is Bitcoin price down today?

Bitcoin fell more than 6% toward $75,000 on November 6, trading around $75,388, as a major sell-off in US technology stocks and heavy..

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