The Federal Reserve is expected to hold rates at 3.75%–4.00% at its October 27–28 meeting, according to 94 of the 100 economists surveyed by Reuters. All 100 nevertheless expect a hike in December, with nearly 60% forecasting a range of 4.00%–4.25%. Bitunix said higher oil prices and restrictive monetary policy could raise financing costs, tighten dollar liquidity and weaken risk appetite, weighing on Bitcoin. The Iran–United States stalemate, potential disruption in the Strait of Hormuz and inflation risks from energy and tariffs could intensify market pressure, while Bitcoin traded near $84,000 after gaining 2% over 24 hours.
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