Federal Reserve

A record $100 billion in interest payments by the U.S. in October signals the end of cheap money. This massive debt wall is colliding with a slowing credit cycle, increasing pressure on the Federal Reserve to cut rates, which could be crucial for Bitcoin’s bull market.

The falling U.S. 10-year Treasury yield signals a delayed realization of economic weakness, not just Federal Reserve policy. This has significant implications for Bitcoin, suggesting short-term price pressure but long-term support due to a more favorable monetary environment.

The probability of a U.S. Federal Reserve rate cut in December has jumped to 79%, driven by a cooling labor market. This shift towards ’easier money’ is boosting risk assets, with Bitcoin trading higher alongside stocks and gold.

The crypto market turned optimistic after the probability of a December Fed rate cut nearly doubled, sparking hopes that bitcoin’s recent decline may have bottomed out.

Bitcoin has been falling, but a potential rate cut by the Federal Reserve in December could reverse the trend. Experts see the current situation as bullish for Bitcoin.

Bitcoin’s sudden 9% drop was driven by the Federal Reserve’s hawkish stance on interest rates, not by hacks or bad news.