Bitcoin market eyes FOMC meeting for potential rate hike impact

Markets are pricing in a 90% probability of a 25-basis-point rate hike at the September FOMC meeting, according to the Danske Research Team. While the hike is widely anticipated, the team notes that the decision is not finalized and expects the Fed to release updated economic and rate projections. The meeting remains a critical event for Bitcoin, though current market pricing does not provide a definitive assessment of asset positioning or leverage.