Crypto
Fed Rate Hike Uncertainty Sets Stage for Volatile Bitcoin Price Action
The Federal Reserve's interest rate decision on September 16 may have less impact than expected on Bitcoin and gold prices, according to market expectations.
Markets assign an approximately 87% probability to a 25-basis-point increase in the federal funds target range to 3.75%-4.00%, implying that investors have already accounted for this move.
A hawkish outlook could push Bitcoin toward $73,300 and gold to $4,250, while a softer projection could lift both assets but leave Bitcoin prone to larger swings and heightened crypto market volatility.