Nexo Flags Fed Meeting and Treasury Yields as Bitcoin Q4 Drivers

Nexo’s Oct. 21 outlook puts the Federal Reserve’s next policy meeting, inflation and long-term Treasury yields at the center of Bitcoin’s fourth-quarter setup. It also treats exchange-traded fund demand as a factor shaping the market’s direction. The outlook’s calculation puts Bitcoin (BTC) 42.7% higher in the third quarter, from $58,544 to $83,570, following three consecutive quarterly declines. September’s Consumer Price Index (CPI) rose 3.7% from a year earlier, while the core measure climbed 2.6%. On Sept. 16, the Federal Reserve raised its target range by 25 basis points, bringing it to 3.75%–4.00%. Long-term rates are another variable. The 30-year Treasury par yield was 5.67% on Oct. 7 and 5.56% on Oct. 13. On Aug.

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