Macro· ★★★★· bearish·

CME FedWatch: No October Rate Cut Priced In as Bitcoin Slips to $81K

  • —CME FedWatch: 87.3% odds of a hold on October 28, 12.7% of a hike to 4.00%–4.25%
  • —US September CPI rose 3.7% year-over-year, keeping inflation in focus
  • —Bitcoin fell back toward $81,000 as rate-hike bets and risk-off sentiment weighed
Why it matters: Firmer rate-hike expectations strengthen the dollar and pressure Bitcoin and gold; the October 28 FOMC outcome will set the market's near-term direction.
#BTC
Source: Coin Edition
More on this
Macro · Oct 4
CME FedWatch: 77.9% odds the Fed holds rates in October
 Macro · Sep 27
Citi Delays First Fed Rate Cut Forecast to June 2027, Bitcoin Slips Below $80K
 Macro · Sep 25
Bitcoin Slips to $84,490 as October Fed Rate-Hike Odds Hit 75%