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Investors are watching Trump's inauguration on January 20, which has the potential to be a key catalyst for bitcoin and cryptocurrency prices. However, on January 24, the Bank of Japan may raise interest rates. According to a chart shared by analyst Michael Kramer on the X platform, the market currently expects a 90% probability of a rate hike on January 24. Previously, the Bank of Japan's rate hike caused chaos in both traditional and digital asset markets. This was a key catalyst for the rever...
Despite the heightened political turmoil in the United States, investors are still insisting that U.S. interest rates will fall this year. The odds of the Federal Reserve staying put next week and cutting rates on Sept. 18 are both above 90 percent, according to CME Group, and the odds of a total of three rate cuts this year are close to 50 percent. That's little changed from before Biden dropped out of the race. Wells Fargo economists said in a note that they expect the Fed to keep policy on ho...
