What Next for Bitcoin After Trump Win? Traders Look to Fed Rate Cuts as BTC Sets New Highs at $76K

“A 25bps rate cut is widely anticipated, with the market pricing in a 96.8% probability of such a move (according to FedWatch),” shared Min Jung, research analyst at Presto Research, in a note to CoinDesk. “However, the rates market has been signaling uncertainty, evidenced by the benchmark 10-year Treasury yield climbing to 4.48%, its highest level over four months.”

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