Fed dissent dampens June rate cut expectations, Bitcoin $80K April odds low
Fed dissent lowers June rate cut expectations. Rate cut by June at 2.9% YES; Bitcoin reaching $80K in April at 0.1% YES.
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## Market Snapshot Bitcoin Price Targets market shows odds of Bitcoin reaching $80,000 in April at 0.1% YES. Fed Decision June and July market shows a 2.9% YES probability of a 25 bps rate cut post-June meeting. ## Key Takeaways – Market activity suggests a decreased likelihood of Bitcoin reaching $80,000 in April. – Fed rate-cut expectations for June have shifted, with current pricing indicating a mere 2.9% YES probability. – The dissent from Federal Reserve officials influences the perception of future rate cuts, impacting related markets. ## Article Body Recent statements from Federal Reserve officials have introduced new dynamics into the financial markets. Two Fed officials dissented on the policy statement, indicating that further interest-rate cuts may no longer be appropriate.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.