Bitcoin slipped toward $74,000 as Fed Governor Christopher Waller signaled support for a December rate hike. Waller favors a quarter-point increase and would consider a half-point rise if monthly core inflation comes in at 0.3% or higher.
Kalshi odds of a quarter-point hike climbed from 81% to 88% following Waller's comments, reflecting heightened expectations of tighter monetary policy that weighed on crypto markets.
Fed's Waller Backs December Rate Hike, Bitcoin Slips Toward $74K
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