Macro· ★★★· neutral·

Analyst flags two Fed signals to watch for Bitcoin at the Oct. 28 meeting

  • —Fed funds rate sits at 3.75–4% after a 0.25-point hike in September
  • —FedWatch shows a 90% probability of a pause on Oct. 28
  • —The FOMC vote split will signal how urgent a December hike is
  • —The 2-year Treasury yield is around 4.7%, above the Fed rate
Why it matters: A unanimous hold and a falling 2-year yield could erase December hike expectations and support Bitcoin.
#BTC
Source: Cryptoast
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