Bitcoin holds $73,000 as odds of a December 50 bps rate hike jump

The odds of a 50-basis-point Federal Reserve hike in December rose from 0% to 13.6% on Nov. 10 after October CPI beat forecasts, as Bitcoin fell to an intraday low below $73,000. Meanwhile, the odds of a 25-basis-point hike climbed from 84% to 86.4%, according to a Nov. 10 CME FedWatch snapshot reported by Barron's.…

Read the full story on CryptoSlate

Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox