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Podcast: CoinDesk Podcast Network
Episode: Bitcoin Flirts With $120K as Traders Anticipate 98.9% Fed Rate Cut in October | CoinDesk Daily
Description: Can bitcoin cross $120K in this run?
Bitcoin climbed higher on the back of a government shutdown and weaker-than-expected U.S. labor data. The largest crypto by market cap is flirting with the $120,000 level for the first time since mid August. This comes as the CME FedWatch predicts a 98.9% chance that the Fed will cut rates by 25 bps later this month. Will another cut boost BTC to a new high? CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”
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