FOMC Decision Today: Markets Price 92% Odds of a Hike to 3.75% – 4.00%

Crypto Insight Summary: The United States Federal Reserve (Fed) is about to drop its interest rate decision today at 2 p.m. ET, and the market has already made up its mind. According to the CME FedWatch tool, the probability of a 25 basis point hike to 3.75% to 4.00% stands at 92.3%. A rate hike today would mark... Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH / Bearish ALT Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Fed rate hike expected to strengthen USD, causing risk-off sentiment in crypto markets.