The post Fed Rate Cut Probability Drops, Impacting Crypto Markets appeared on BitcoinEthereumNews.com. Key Points: Fed rate cut probability influences Bitcoin and Ethereum, causing volatility. Major liquidations observed in crypto markets recently. Bitcoin price adjusts following Fed’s cautious stance. Overnight Index Swap data indicates that the probability of a December rate cut by the Federal Reserve has dropped to approximately 50%, impacting both traditional and cryptocurrency markets. This change signals potential macroeconomic shifts, notably affecting major cryptocurrencies, sparking volatility, and triggering significant market liquidations amid cautious investor sentiment. Fed Policy Shift Shakes Bitcoin and Ethereum Prices The recent data from the Overnight Index Swap market indicates a significant shift in the anticipated U.S. Federal Reserve’s approach to interest rates. This shift follows hawkish statements by Fed Chair Jerome Powell, emphasizing a cautious, data-dependent stance on rate adjustments. Immediate market implications include a decline in Bitcoin and Ethereum prices, which fell below $110,000 and $3,900, respectively. Total market liquidations reached $1.134 billion, signifying a major repricing as traders adjusted their expectations of a rate cut. According to Jerome Powell, Chair, U.S. Federal Reserve, “Recent readings on both job gains and inflation have come in higher than expected. We remain highly attentive to inflation risks,” reflecting the hawkish stance affecting OIS pricing. Market reactions have been swift, as evident from recent liquidations and price drops. Despite no direct statements from key crypto figures, the cautious tone from Powell has significantly impacted market sentiment, with trading on leading perpetual DEXs like Aster, Lighter, and Hyperliquid reflecting these changes. Crypto Markets Under Pressure: $1.134 Billion Liquidated Did you know? Previous Fed policy uncertainties in 2022 and 2023 sparked considerable volatility in Bitcoin and Ethereum, similar to the current climate affecting the crypto market’s reaction to changing rate expectations. Bitcoin (BTC) is currently priced at $110,578.08, with a market cap of $2.21 trillion, capturing 59.42% market dominance, according… The post Fed Rate Cut Probability Drops, Impacting Crypto Markets appeared on BitcoinEthereumNews.com. Key Points: Fed rate cut probability influences Bitcoin and Ethereum, causing volatility. Major liquidations observed in crypto markets recently. Bitcoin price adjusts following Fed’s cautious stance. Overnight Index Swap data indicates that the probability of a December rate cut by the Federal Reserve has dropped to approximately 50%, impacting both traditional and cryptocurrency markets. This change signals potential macroeconomic shifts, notably affecting major cryptocurrencies, sparking volatility, and triggering significant market liquidations amid cautious investor sentiment. Fed Policy Shift Shakes Bitcoin and Ethereum Prices The recent data from the Overnight Index Swap market indicates a significant shift in the anticipated U.S. Federal Reserve’s approach to interest rates. This shift follows hawkish statements by Fed Chair Jerome Powell, emphasizing a cautious, data-dependent stance on rate adjustments. Immediate market implications include a decline in Bitcoin and Ethereum prices, which fell below $110,000 and $3,900, respectively. Total market liquidations reached $1.134 billion, signifying a major repricing as traders adjusted their expectations of a rate cut. According to Jerome Powell, Chair, U.S. Federal Reserve, “Recent readings on both job gains and inflation have come in higher than expected. We remain highly attentive to inflation risks,” reflecting the hawkish stance affecting OIS pricing. Market reactions have been swift, as evident from recent liquidations and price drops. Despite no direct statements from key crypto figures, the cautious tone from Powell has significantly impacted market sentiment, with trading on leading perpetual DEXs like Aster, Lighter, and Hyperliquid reflecting these changes. Crypto Markets Under Pressure: $1.134 Billion Liquidated Did you know? Previous Fed policy uncertainties in 2022 and 2023 sparked considerable volatility in Bitcoin and Ethereum, similar to the current climate affecting the crypto market’s reaction to changing rate expectations. Bitcoin (BTC) is currently priced at $110,578.08, with a market cap of $2.21 trillion, capturing 59.42% market dominance, according…