Bitcoin’s ‘Uptober’ vibes hinge on Fed rate cut odds, Nasdaq and tech stocks’ response
Bitcoin’s remaining October performance depends on Fed rate cut odds, BTC ETF inflows and the path major US stocks chose to take.
Key takeaways:
Bitcoin is down 4.3% in October despite historically strong monthly returns.
The CME FedWatch tool shows a 96.7% probability of a 25% interest rate cut, fueling optimism.