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[CORRECT] Fed Minutes Slam the Door on Rate Cuts—Bitcoin Hits New Lows
Manage episode 520811240 series 2561147
The latest Fed minutes show a deeply divided committee but a clear signal: no December rate cut is coming. Markets reacted fast, sending Bitcoin tumbling to new lows as leveraged traders piled in and ETF investors pulled out. NLW unpacks what the minutes reveal about the economy, why rate expectations are shifting, and how this is shaping crypto’s end-of-year outlook—including Kraken’s IPO filing and a major Bitcoin bet from Abu Dhabi.
Enjoying this content?
- SUBSCRIBE to the Podcast: https://pod.link/1438693620
- Watch on YouTube: https://www.youtube.com/@TheBreakdownBW
- Subscribe to the newsletter: https://blockworks.co/newsletter/thebreakdown
- Join the discussion: https://discord.gg/VrKRrfKCz8
- Follow on Twitter:
- NLW: https://twitter.com/nlw
- Breakdown: https://twitter.com/BreakdownBW
2009 episodes
Manage episode 520811240 series 2561147
The latest Fed minutes show a deeply divided committee but a clear signal: no December rate cut is coming. Markets reacted fast, sending Bitcoin tumbling to new lows as leveraged traders piled in and ETF investors pulled out. NLW unpacks what the minutes reveal about the economy, why rate expectations are shifting, and how this is shaping crypto’s end-of-year outlook—including Kraken’s IPO filing and a major Bitcoin bet from Abu Dhabi.
Enjoying this content?
- SUBSCRIBE to the Podcast: https://pod.link/1438693620
- Watch on YouTube: https://www.youtube.com/@TheBreakdownBW
- Subscribe to the newsletter: https://blockworks.co/newsletter/thebreakdown
- Join the discussion: https://discord.gg/VrKRrfKCz8
- Follow on Twitter:
- NLW: https://twitter.com/nlw
- Breakdown: https://twitter.com/BreakdownBW
2009 episodes
All episodes
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