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📉 Markets now see only a 21% chance of Fed rate cuts in 2026, down sharply from expectations of multiple cuts just months ago.
The shift signals a return to a “higher for longer” environment, putting pressure on risk assets, including crypto.
📊 A stronger dollar and tighter liquidity could create headwinds for BTC unless a major catalyst or dovish Fed shift emerges.
👀 Traders are watching Fed comments and upcoming inflation data closely.