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Crypto & Bitcoin

Fed’s divided rate decision threatens Bitcoin’s comeback as December hike looms

Reported by Gino Matos, CryptoSlate

Image: CryptoSlate

The Federal Reserve held its target range at 3.75% to 4% on Oct. 28 on a 10-2 vote. Governor Lisa Cook and Cleveland Fed President Beth Hammack dissented, favoring an immediate quarter-point hike. Rate-market trackers put the odds of a December hike between about 83% and 88%, and the market had priced in a hold… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

This is an excerpt. The reporting belongs to CryptoSlate.

Read the full report on cryptoslate.com
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