COINTELEGRAPH · 2026-11-10 10:09 UTC

Bitcoin price eyes $74K as Fed rate-hike bets hit 96% after Waller speech

Bitcoin traded 1.3% lower on Tuesday at $74,080 on Bitstamp as Nasdaq 100 futures fell 0.4% ahead of the Wall Street open. Fed governor Christopher Waller said he would support a 25 basis point rate hike at the Dec. 9 FOMC meeting even if October CPI comes in lower than expected, which he said is hoped for. After the speech, CME FedWatch odds of a December hike rose from 76.3% to 96.3%; October CPI is expected to show a 0.3% monthly increase versus 0.6% in September.

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