Goldman, JPMorgan, BofA, Morgan Stanley and More Expect a Fed Hike Tomorrow

Crypto Insight Summary: More than a dozen banks are expecting the Federal Reserve to raise rates by 25 basis points on Sept. 16. The List UBS, HSBC, Barclays, Citigroup, Wells Fargo, Morgan Stanley, Goldman Sachs, Bank of America and JPMorgan Chase all expect the Federal Reserve to lift rates by 25 basis points (bps) this week. Both JPMorgan […] Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH / Bearish altcoins Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Fed rate hike will strengthen USD, causing risk-off sentiment and crypto sell-off.