Tree News

COINTELEGRAPH · 2026-11-10 13:16 UTC

Bitcoin may benefit as global tightening slows, Binance Research says

Binance Research said bitcoin could find support before major central banks start cutting rates if the spread of rate hikes continues to slow. Eight of the 10 central banks Binance tracks raised rates over the last six months, with tightening momentum easing since its July peak. Fed Governor Christopher Waller leaned toward a quarter-point December hike, and CME FedWatch odds of that hike rose to 96.3%; bitcoin traded at $74,131, down 30% over the year and 41% below its all-time high.

Loading the story on Tree News…