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Bitcoin drops 1.3% as Fed's Waller backs December rate hike, boosting hike odds to 96.3%.

Market News
11 Nov 2026, 12:45 WIB
Tokenpost
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Bearish
Bitcoin drops 1.3% as Fed's Waller backs December rate hike, boosting hike odds to 96.3%.

Bitcoin fell 1.3% to $74,080 after Federal Reserve governor Christopher Waller supported a 0.25% interest rate increase in December, raising market expectations for a hike to 96.3%. Waller indicated he would back the increase even if inflation improved in October, citing recent inflation data including the Personal Consumption Expenditures measure. This stance signals tighter financial conditions ahead, which can pressure cryptocurrencies and other risk assets. The Fed's next rate decision is set for December 9.

Bitcoin's recent price movement is noted here for context. For readers following major cryptocurrencies on Pluang as of Nov 11, 2026 17:21 WIB, 8 out of 50 major cryptocurrencies rose while 41 fell. Notable price changes include ONE (Harmony) down 16.34% to Rp28 with a typical hold time of 153 days and a Pluang order activity of 73% Sell / 27% Buy, BAL (Balancer) up 11.14% to Rp16,297 with a typical hold time of 85 days, and EOS (EOS.IO) up 8.13% to Rp12,649 with a typical hold time of 87 days.

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