$BTC 🚨 UPDATE: Fed Rate Hike Odds Rise to 35% for October 28 Meeting

📊 According to Polymarket, traders are pricing in a 35% probability of a 25-basis-point (0.25%) Fed rate hike at the October 28 FOMC meeting.

🔹 66% — Interest rates remain unchanged
🔹 35% — 25 bps rate hike
🔹 Less than 1% — 50+ bps rate hike
🔹 Less than 1% — 25 bps rate cut

⚠️ Market Implications: Expectations of a potential rate hike could increase volatility across financial markets, including Bitcoin and other cryptocurrencies. Traders should closely monitor upcoming US economic data and Fed communications for further clues on the Fed’s policy direction.

Probabilities reflect Polymarket trading activity and may change as market expectations evolve.
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