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Prediction markets give 75 to 80 percent odds on a December Fed hike as Bitcoin trades near 80,700 dollars, Decrypt reports
- Prediction markets give 75 to 80 percent odds on a December Fed hike as Bitcoin trades near 80,700 dollars, Decrypt reports — Decrypt reported Bitcoin traded around 80,700 dollars ahead of the Fed decision, with traders focused on December where futures and prediction markets give 75 to 80 percent odds on another quarter-point hike at the December 8-9 meeting. The report noted September meeting minutes showed most officials judged another increase would likely be appropriate by year-end. (Decrypt)
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