Macro· ★★★★· bearish·

CME: Odds of Fed holding rates in October at 52.9%

  • —October hold odds at 52.9%, 25 bps hike at 47.1%
  • —December hold odds at 10%, one hike at 51.8%
  • —Two hikes by December priced at 38.2%
Why it matters: Rising rate-hike expectations pressure risk assets, including bitcoin and altcoins.
Source: PANews