Fed Week Puts Stocks, Bitcoin, and DXY on Collision Course Before $11 Billion Expiry
Image: BeInCrypto
One week could decide what your stocks, your Bitcoin (BTC), and your dollars are worth by Christmas. From Wednesday to Friday, the Federal Reserve meets, inflation data lands, and $11 billion in Bitcoin bets expire. A month ago, traders thought a rate hike this week was likely. Today, they put the odds below one in 10. Yet almost nobody on Wall Street thinks the Fed is done. Why Does a Likely Fed Pause Still Matter for December? In September, the Fed raised interest rates for the first time since 2023. The Fed’s September hike put its key rate between 3.75% and 4.00%. That number touches almost everything. It shapes what people pay on mortgages, car loans, and credit cards. It also decides where big money goes.
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