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Fed Rate Hike Odds Surge: Bitcoin Braces for FOMC Shock

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The Story

News Summary

  • Markets are pricing a 60-66% probability of a surprise 25 bps Federal Reserve rate hike on September 16.
  • Higher real yields and an updated hawkish dot plot threaten to trigger severe headwinds for Bitcoin and broader crypto markets.
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BTCUSD price history

77274.98 +14.56% over the displayed period

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