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Will the Fed Raise Rates on September 16? Polymarket Now Says 83%. Here’s What It Means for XRP and Bitcoin

Source: 247wallst.com

Monetary PolicyInterest Rates & YieldsCrypto & Digital AssetsInvestor Sentiment & Positioning
Will the Fed Raise Rates on September 16? Polymarket Now Says 83%. Here’s What It Means for XRP and Bitcoin

Polymarket odds of a September Federal Reserve rate hike have nearly tripled over the past three weeks, while the 10-year Treasury yield is already trading as though tightening is imminent. The article flags that Bitcoin and XRP’s meeting-day reaction will depend on whether a hike—or an alternative outcome—is insufficiently priced, with higher-rate expectations posing a near-term risk to crypto assets.

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