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Fed May Delay Rate Cut, Bitcoin Drops with Stocks, Futures Premium Falls Below 5%, but Options Data Provides Glimmers of Hope
Fed May Delay Rate Cut, Bitcoin Drops with Stocks, Futures Premium Falls Below 5%, but Options Data Provides Glimmers of HopeFollowing the release of US September inflation data, Bitcoin prices fell in tandem with US equities, as market concerns heightened about the Federal Reserve potentially delaying further rate cuts. The consumer price index (CPI) rose 2
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Bitcoin provides a "good omen" as analysts maintain a BTC price target of $40000
Bitcoin hit a five day high on May 15th and continued to rebound after Wall Street opened.Join us, official account: Chen is bad, not bad$40000 remains attractive for BTC pricesAccording to data from CointelegraphMarketsPro and TradeView, the BTC/USD on Bitstamp reached $27666