Bitcoin and Stock Futures Fall as Fed Rate Hike Probability Nears 96%

Bitcoin prices and U.S. stock futures declined as traders increasingly factored in a 0.25% interest rate hike by the Federal Reserve in December. This shift came after Fed governor Christopher Waller indicated he would support the rate increase at the upcoming December FOMC meeting, according to CoinTelegraph.

CoinDesk reported that Bitcoin's price slipped ahead of the U.S. inflation report, reflecting market expectations of tighter monetary policy. The probability of a Fed rate hike in December rose to 96%, with Bitcoin prices eyeing the $74,000 level amid these developments.

For Japanese investors, these movements highlight the ongoing impact of U.S. monetary policy on global crypto and equity markets, underscoring the need for close monitoring of Fed signals when managing FX and asset exposure.