People still waiting for rate cuts—this FOMC first has to weigh the risk of further hikes.
The Federal Reserve’s official schedule shows the meeting will be held on September 15–16. At the last meeting, the policy rate was kept at 3.50%–3.75%. Among the 12 voting members, 3 already advocated for a 25-basis-point hike. Binance Square’s trending list says “89% probability of a rate hike,” and that figure is a market estimate, not a decision by the Fed.
Around 09:26, BTC was about 77,914 USDT. In the past 24 hours it’s still up roughly 1.52%, but it has already pulled back from 79,570.9 during the day. The rise in the rate-hike conversation coinciding with BTC gains doesn’t mean the market is already betting correctly on policy, and it also doesn’t mean Crypto isn’t afraid of rate hikes.
Open $BTC to view the real-time K chart. What you truly need to wait for is the official statement at 2:00 a.m. Beijing time on September 17.
$BTC #Rate-hike probability by the Fed rises to 89%
The Federal Reserve’s official schedule shows the meeting will be held on September 15–16. At the last meeting, the policy rate was kept at 3.50%–3.75%. Among the 12 voting members, 3 already advocated for a 25-basis-point hike. Binance Square’s trending list says “89% probability of a rate hike,” and that figure is a market estimate, not a decision by the Fed.
Around 09:26, BTC was about 77,914 USDT. In the past 24 hours it’s still up roughly 1.52%, but it has already pulled back from 79,570.9 during the day. The rise in the rate-hike conversation coinciding with BTC gains doesn’t mean the market is already betting correctly on policy, and it also doesn’t mean Crypto isn’t afraid of rate hikes.
Open $BTC to view the real-time K chart. What you truly need to wait for is the official statement at 2:00 a.m. Beijing time on September 17.
$BTC #Rate-hike probability by the Fed rises to 89%
