Fed rate hike bets surge to 96%, BTC eyes 74K, institutions are rotating positions

After Waller’s remarks, bets on a Fed rate hike have surged to 96%, and BTC is now eyeing the 74K level. This isn’t ordinary volatility—it’s institutions repricing, with money moving elsewhere.

BTC is taking the initial pressure, while ETH is holding around $2,091, lacking a fresh narrative. Meanwhile, Schwab’s crypto platform has added SOL and two other blockchains to its product lineup. Institutional access is expanding, giving SOL a more compelling story to tell.

My take is straightforward: this isn’t noise. Institutions are shifting positions away from Ethereum toward Bitcoin options and Solana access. If BTC holds above 74K, there’s more room to run; if it can’t, sitting on the sidelines for now won’t hurt.

Even Old Ma’s little dog can see that the direction has changed. This is what to watch tonight: can BTC hold above 74K? We’ll see.

🐶 Let’s check out Old Ma’s little dog together ✨🚀