Federal Reserve's Bullard stated that the possibility of further interest rate hikes "still exists".

After the announcement of the Fed's decision to maintain interest rates unchanged, according to market data, Bitcoin rose by more than 0.55% in the short term, and Ethereum rose by more than 0.59% in the short term.

CNBC reported that BlackRock's Chief Investment Officer Rick Rieder said the Fed's rate hike cycle has ended.

Boosted by weak US economic data and dovish comments from Federal Reserve officials, spot gold opened on Monday with a short-term increase of over $60, reaching a high of $2,133 per ounce and rising more than 3% during the day. Forexlive analyst Eamonn Sheridan stated that this is because the market is being stimulated to buy gold in large quantities due to the prospect of future Fed rate cuts, with investors currently betting on a rate cut by the Fed early next year. <br>

Bitcoin retreated from resistance levels following the release of better-than-expected US GDP figures on November 29. The retracement was in line with previous short-term price movements. The GDP data, which showed Q3 growth of 5.2%, raised concerns about how the Federal Reserve would handle policy ahead of an interest rates decision in mid-December. Analysts suggested that Bitcoin was likely to continue consolidating, with some eyeing potential downside opportunities and others predicting a fresh bout of upside volatility.

Based on CME's "FedWatch": The probability of the Fed maintaining interest rates in the range of 5.25%-5.50% in December is 95.3%, and the probability of a 25 basis point rate hike is 4.7%. The probability of maintaining interest rates unchanged until February next year is 89.4%, with a cumulative probability of a 25 basis point rate hike at 10.3%. The probability of a cumulative 50 basis point rate hike is 0.3%. The probability of a cumulative 25 basis point rate cut in March next year is 21.5%, the probability of maintaining interest rates unchanged is 70.4%, the probability of a cumulative 25 basis point rate hike is 7.9%, and the probability of a cumulative 50 basis point rate hike is 0.2%.

CME's "FedWatch": The probability of the Fed maintaining interest rates in the range of 5.25% to 5.50% in December is 94.8%, and the probability of raising interest rates by 25 basis points is 5.2%. The probability of maintaining interest rates unchanged until February next year is 94.8%, and the probability of cumulatively raising interest rates by 25 basis points is 5.2%. The probability of cumulatively lowering interest rates by 25 basis points in March next year is 28.4%, the probability of maintaining interest rates unchanged is 67.9%, and the probability of cumulatively raising interest rates by 25 basis points is 3.6%.

According to a report from "New Fed Communications" journalist Nick Timiraos, the trend of slowing inflation in the United States continued into October, and the Federal Reserve may have completed its current cycle of interest rate hikes. Timiraos said that the October employment and inflation reports strongly suggest that the Fed's last interest rate hike occurred in July. The focus of the next Fed meeting debate may not be whether to raise interest rates again, but rather whether and how to modify the guidance in the post-meeting statement to reflect recent progress in inflation and the increasingly dim prospects for further interest rate hikes. If the Fed keeps rates unchanged next month, it is expected to extend the current pause in interest rate hikes to about six months.

The Wall Street Journal reported that Fed's Kashkari does not believe the interest rate hike cycle has ended.