Bitcoin falls to $76,000 before a key Fed decision

A few hours ahead of the Fed’s decision, more than a dozen banks are betting on a 25-basis-point rate increase—an outcome currently priced by the market with an 87.3% probability. The main reasons are inflation that is proving more persistent than expected and an oil price above $100. Faced with such a sharp tightening in expectations, BTC is trading around $76,000 after having surpassed $79,000. Wednesday’s verdict on September 16 should reshuffle the cards.

Wall Street expects a 25-basis-point rate hike.

Major banks revised their forecasts ahead of the Fed decision.

The probability of a rate increase is now 87.3%.

Persistent inflation reinforces expectations of monetary tightening.

Bitcoin falls to $76,000 ahead of the Fed verdict.

Big U.S. banks align with the scenario of a rate hike

Consensus has clearly shifted. Many banking institutions such as UBS, HSBC, Barclays, Citigroup, Wells Fargo, Morgan Stanley, Goldman Sachs, Bank of America, and JPMorgan Chase are forecasting a 25-basis-point increase this week.

JPMorgan and Goldman Sachs even abandon their status-quo scenario to bet on a hike already in September. HSBC also projects an increase in December, while Deutsche Bank has looked at moves in September, December, and March 2027.

The forecasts also differ regarding the size of the cycle. Bank of America projects a 75-basis-point increase in 2026, versus 50 basis points of tightening by year-end for UBS. Morgan Stanley expects two hikes and also projects a near-term move by the ECB. Citigroup, Wells Fargo, and Piper Sandler have also anticipated Fed action in September.

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