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Bitcoin faces fresh pressure after Fed’s hawkish rate hold: Analysts

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Cointelegraph
By Cointelegraph by Felix Ng
10/29/2026, 1:12:01 AM
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Bitcoin faces fresh pressure after Fed’s hawkish rate hold: Analysts
EXECUTIVE SUMMARY

Traders are pricing in a 78% chance of a December rate hike, while analysts say Treasury yields, the US dollar and upcoming inflation data could determine Bitcoin’s next move.

Key Takeaways

  • Bitcoin faces fresh pressure after Fed’s hawkish rate hold: Analysts.
  • Traders are pricing in a 78% chance of a December rate hike, while analysts say Treasury yields, the US dollar and upcoming inflation data could determine Bitcoin’s next move.
  • Traders are pricing in a 78% chance of a December rate hike, while analysts say Treasury yields, the US dollar and upcoming inflation data could determine Bitcoin’s next move.

Traders are pricing in a 78% chance of a December rate hike, while analysts say Treasury yields, the US dollar and upcoming inflation data could determine Bitcoin’s next move.

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