The Federal Reserve may no longer raise interest rates

Kitu11

Bitfinex stated in a report that weak U.S. employment data suggests the Federal Reserve will take a dovish stance, saying, "We believe the U.S. central bank may no longer raise interest rates, mainly due to the tightening financial conditions and rising bond yields in recent months." According to the CME FedWatch tool, traders currently estimate a 95% likelihood that the Fed will keep interest rates unchanged in December, up from 80% before the release of non-farm payroll data. As sentiment grows that the Fed will no longer raise interest rates, this could potentially drive a stronger performance for Bitcoin.

Indra55

This is estimated to increase significantly.

Jiten171

The price of BTC is definitely going to rise.

Jatin255

Their decision not to raise interest rates is unrelated to how Bitcoin performs.

Jiger955

It's worth looking into this increase.