Markets are now pricing in around 92%+ odds of a 25-bps Fed rate hike at todayâs meeting. That would take the target range to 3.75%â4.00%.
So the hike itself may not be the biggest surprise.
đ The real focus is what Fed Chair Kevin Warsh says about the path ahead.
A hawkish message could keep yields high and put pressure on risk assets like $BTC and $ETH .
A dovish tone could give crypto some relief.
The backdrop is already difficult: U.S. 10-year Treasury yields have moved above 5%, while oil prices remain above $100, adding to inflation concerns.
So today, Iâm watching one thing:
Will the Fed signal more hikes â or give the market a reason to breathe?
đą Dovish â BTC/ETH could react higher
đŽ Hawkish â More pressure on crypto
⥠Surprise â Expect volatility
What do you think? BTC pumps đ or gets rejected đ?
Not financial advice â market analysis only.
