Fed Set to Hold Rates as Bitcoin and Gold Await Policy Signals
- —Futures assign a 90% probability to a Fed pause on Oct. 28 and 75% to a December hike
- —The Fed raised rates to 3.75–4% in September, its first hike since 2023
- —Bitcoin trades near $80,458, spot gold at $4,059 an ounce
- —A hawkish signal risks a BTC test of $79,000; a dovish one supports gold
Why it matters: The Fed's tone will set the direction for BTC and gold: a hawkish outcome weighs on risk assets, while a dovish one restores demand.
Source: BeInCrypto TR