JUST IN: 87% chance the Federal Reserve raises interest rates by 25 bps at tomorrow's FOMC meeting. The important part here is that the hike is already heavily priced in: current market odds are around 87–90%. So if the Fed hikes exactly 25 bps, crypto doesn’t necessarily have to dump hard; much of the move may already be reflected in prices. The bigger catalyst will be the Fed’s language and projections: a “one hike and done” / less-hawkish outlook could actually trigger a relief rally, while signals of several more hikes would be more negative. And if the Fed surprises everyone with a pause instead? That could get very interesting for crypto. Markets are heavily pricing in a 25 bps hike, so a pause would be a real surprise and could trigger a strong relief move. At this point, what Powell says after the decision might matter just as much as the decision itself. $BTC $ETH #FOMC