CoinShares: Bitcoin Outlook Shows Hope for Price Rise, but Faces Two Key Obstacles
Key Highlights Hotter-than-expected September US Consumer Price Index (CPI) figures are dampening expectations for Federal Reserve monetary easing. Market pricing reflects a 90.6% probability that interest rates will stay unchanged in October, alongside a 68.8% chance of an interest rate hike in December. CoinShares notes that while spot demand supports Bitcoin, macroeconomic headwinds such as ...