BitcoinHigher bond yields and potential Fed rate hike reduce risk appetite, pressuring Bitcoin.

The Federal Reserve decides on interest rates this Wednesday with almost every economist expecting no change, while traders see a 36% chance of a hike. A Reuters poll of 104 economists unanimously predicted a hold, with 78 expecting no change through December, but fed funds futures have swung from a 13% hike probability a week ago to 36% now. Chair Kevin Warsh has stopped providing forward guidance, and the Fed will not publish new forecasts, leaving markets guessing amid oil above $100 a barrel and new US tariffs on 60 trading partners. The 10-year Treasury yield closed Friday at 4.69%, its highest since January 2025, and the two-year yield at 4.33% already exceeds the Fed's 3.75% ceiling. Bitcoin traded near $64,915, about 49% below its October 2025 record, as higher bond yields cap risk appetite ahead of Warsh's post-decision remarks.
BitcoinHigher bond yields and potential Fed rate hike reduce risk appetite, pressuring Bitcoin.