Fed Governor Waller stated the inflation condition for a rate hike in December

Fed Governor Christopher Waller said a half-point rate hike should be considered at the December meeting if core inflation stays at 0.3% or higher. Bitcoin fell to $74,000 following the remarks as rate-hike expectations rose in prediction markets. The signal matters because it keeps a larger Fed tightening on the table despite cooler headline data. Traders will watch the next core inflation prints and December meeting odds for confirmation.