Bitcoin Faces Fed Pause; Officials Seek Hikes
The Federal Reserve held rates at 3.75%–4.00% on October 28; two officials favored a hike. Elevated borrowing costs remain a factor for $BTC demand. #Update #Macro $BTC
The Federal Reserve held rates at 3.75%–4.00% on October 28; two officials favored a hike. Elevated borrowing costs remain a factor for $BTC demand. #Update #Macro $BTC
Crypto analyst Jason Pizzino warns that if USDT dominance remains above 3.7%, Bitcoin and other cryptocurrencies may face downtrends, with current USDT.D at 4.53%. #Update #Crypto $BTC (-3) ↘