Macro· ★★★★· bearish·

CME FedWatch: 79.6% odds of a December Fed rate hike

  • —December hike odds at 79.6%, hold at 20.4%
  • —Fed held rates at 3.75–4.00% on October 28
  • —Two FOMC members dissented in favor of a 25 bps hike
Why it matters: Rising tightening expectations weigh on risk assets, including bitcoin and altcoins.
Source: TokenPost