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Bitcoin & Crypto DEVELOPING

Deutsche Bank sees 3 straight Fed hikes as Bitcoin faces weak demand

Elegant facade of Credit Lyonnais in Paris showcasing detailed architectural sculpture and ornate carvings.
Illustrative photo.Photo by Kadir Avşar on Pexels

What happened

Deutsche Bank has added a January interest rate hike to its forecast after October’s hotter-than-expected US inflation report, putting three consecutive quarter-point moves on its expected path through March 2027.

Sources & evidence