BTC USD Rejects $83,000; Expectations of Interest Rate Hikes Collapse
2026-10-19 20:58:20
CoinMeta data: According to 99bitcoins, BTC USD fell back after reaching $83,009 in trading, and is currently trading at $82,202, with a 0.38% increase over 24 hours. Its market value is 1.65 trillion dollars. Market expectations for a Federal Reserve interest rate hike have weakened, with Brent crude oil prices falling back to $109.94, and stock index futures strengthening. Although the performance of risk assets has improved, this does not mean a breakthrough; the market needs to remain cautious. Over the past four weeks, market expectations for a Federal Reserve interest rate hike have dropped from 57.6% to 14.9%.
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Source:99Bitcoins
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