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CryptoCoinDeskabout 1 hour ago
Traders Price Four Fed Hikes as Bitcoin Falls Below $83,000CME FedWatch shows traders expect four quarter-point Fed rate hikes by June 2027, lifting the funds rate to 4.75%-5% from today's 3.75%-4%. The 20-year Treasury yield nears 5.5% and the 10-year tops 5.1%, last seen in 2007. Bitcoin slid below $83,000 from $87,500, and gold sits just above $4,200.
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