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Prediction markets price a 25 basis point Fed hike next month as Bitcoin ETF inflows hit a one month high, CoinDesk reports
- Prediction markets price a 25 basis point Fed hike next month as Bitcoin ETF inflows hit a one month high, CoinDesk reports — CoinDesk reported on October 20 that spot US Bitcoin ETFs posted about 527 million dollars in net inflows, their biggest day in a month, led by 665 million dollars into BlackRock's IBIT, even as Bitcoin fell about 1.1 percent. The report noted Brent crude near 110 dollars a barrel and a 10 year Treasury yield around 5.13 percent, with prediction markets pricing a 25 basis point Fed rate increase for next month. (CoinDesk)
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