The post points to a 29% chance of a rate hike, underscoring investor focus on the Federal Reserve’s next policy decision and its potential impact on risk assets including crypto.
Markets are heading into the FOMC (Federal Open Market Committee, the Fed’s rate-setting panel) meeting with expectations tilted toward no change in interest rates. The post cites a 72% chance that the Federal Reserve maintains rates and a 29% chance of a hike. For crypto markets, Fed decisions matter because higher rates tend to tighten financial conditions and pressure speculative assets, while a pause can be read as supportive for broader risk sentiment.