Bitcoin Drops as Fed Rate-Hike Odds Hit 72% for September
Bitcoin Slides Near $62,700 as Fed Rate-Hike Odds Surge to 72% for September, Weighing on Risk Assets Futures markets now price a 72% probability of a Federal Reserve rate increase at the September 15–16 FOMC meeting, a dramatic shift from weeks prior that has dampened investor appetite for cryptocurrencies and other risk assets. Bitcoin traded…
