Fed Rate Cut Odds Plummet: What’s Next for Crypto?

The odds of the Federal Reserve cutting interest rates at its December meeting have plummeted from 50% just a day ago, now hovering at a meager 30%. This dramatic shift is driven by a data blackout caused by the government shutdown and escalating tensions within the Fed itself. Analysts warn that the lack of crucial economic indicators like employment data and inflation readings could lead to a blindfolded approach for the Fed when they make their final decision for the year.