Macro· ★★★★· bearish·

Bitcoin wilts as Fed rate uncertainty weighs; Kospi plunges 8%

  • —October Fed rate-hike odds briefly spiked to nearly 50%
  • —Rate-hike expectations cooled after Wednesday's inflation report
  • —South Korea's Kospi index plunged 8%
  • —Bitcoin weakens amid Fed rate uncertainty
Why it matters: Fed rate uncertainty is pressuring risk assets, including bitcoin, and fueling market volatility.
#BTC
Source: CoinDesk
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