EconomyBitcoin holds $73,000 as odds of a 50-basis-point December rate hike rise
After October CPI came in above forecasts, the probability of a 50-basis-point Federal Reserve hike in December rose from 0% to 13.6% on Nov. 10. Bitcoin briefly fell below $73,000 intraday, while the odds of a 25-basis-point increase edged up from 84% to 86.4%.
Bitcoin holds $73,000 as odds of a 50-basis-point December rate hike rise
Economy