
Trader who spotted 83.9% Fed rate cut probability reveals Bitcoin's $124,480 secret
Key Points
- Bitcoin spiked to $124,480 as traders obsess over potential ...
Bitcoin hit $124,480 last week, and suddenly everyone's an expert on Federal Reserve tea leaves. With an 83.9% probability of rate cuts coming September 17, crypto traders are watching Jerome Powell like he's their ex on social media - obsessively and with way too much emotional investment.
The Trump Card Nobody Saw Coming
President Trump's hunt for Powell's replacement has the market more jittery than a day trader on their fifth espresso. Economist Alex Kruger points out that investors haven't fully priced in a potentially dovish Fed chair - which is financial speak for "someone who thi...
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