CME FedWatch: December Fed rate hike probability rises to 84.4%

On November 10 that, according to BeInCrypto, data from CME FedWatch calculated based on federal funds futures shows an 84.4% probability that the Federal Reserve will raise interest rates to 4%-4.25% in December, with a 15.6% probability of keeping rates unchanged.

The report cites SoSoValue data indicating that, as of the week ending November 6, U.S. spot Bitcoin ETFs recorded net outflows of $1.28 billion, marking the largest single-week outflow since late June.