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✨️ Crypto Faces a Huge Fed Test as Wall Street Turns Hawkish

Goldman Sachs and JPMorgan now expect a 25 bps Fed rate hike this week, just as $BTC , ETH and XRP head into one of the most macro-heavy weeks of September.

The shift came after hotter August inflation and another surge in oil prices above $100. Markets are now pricing roughly a 90% chance of a hike at the September 15-16 Fed meeting.

And the Fed isn't the only thing traders are watching. This week also brings the CLARITY Act vote, plus rate decisions from the Bank of England and Bank of Japan.

For crypto, the pressure is pretty clear:

• higher rates = tighter liquidity

stronger dollar = more pressure on risk assets

• higher Treasury yields = tougher conditions for

• Middle East tensions = more volatility through oil

So this week isn't really about one single catalyst. Crypto is walking into several of them at once, and Wednesday's Fed decision could easily set the tone for Bitcoin, Ethereum and XRP into the rest of September.

With Wall Street suddenly expecting another hike, calm price action probably shouldn't be the base case. This could get choppy very quickly.

$BTC
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$ETH
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ETHETH-1.12%


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Ejohn
3 hours ago
greetings everyone how are you guys doing
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hendr
4 hours ago
What price will BTC drop to??
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GateUser-00d5c827
4 hours ago
First Review
Interesting 👀
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