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Fed rate-hike odds fall to 50/50 as Bitcoin nears $82,000

  • CME’s FedWatch tool lowered September Federal Reserve rate-hike odds to 50/50.
  • 50% represented a decline from the 70% probability recorded one day earlier.
  • Bitcoin rallied toward $82,000 as the rate-hike probability changed.

The probability of a Federal Reserve rate hike in September has fallen to 50%, down from 70% one day earlier, CME’s FedWatch tool shows. The shift coincided with Bitcoin rallying toward $82,000.

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