Bitcoin Sits Out Equity Fund Rush as Fed Hike Odds Reach 84%
Global equity funds drew a record $266B in four weeks while Bitcoin lagged. Fed hike odds for December now sit at 84.4%. The post Bitcoin Sits Out Equity Fund Rush as Fed Hike Odds Reach 84% appeared first on BeInCrypto.
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Federal Reserve
The central bank of the United States, which sets US interest rates and supervises banks.
Because the dollar is used worldwide, its rate decisions affect borrowing costs and markets in many other countries.
More about Federal ReserveBitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinMore in Bitcoin
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