
Ethereum rebounds to $2,450 after Fed rate hike; odds of a second hike rise to 66%
- —Fed raised rates by 25 bps to 3.75–4% in a unanimous 12-0 vote
- —Polymarket odds of a second hike rose from 43% to 66%
- —ETH rebounded 2% to $2,450 after falling to $2,358
- —Key whale demand zones: $2,434, $2,293 and $1,635
Why it matters: Further tightening by the Fed and the Bank of Japan could curb liquidity and limit ETH's upside, making whale demand levels decisive for holding the price.
Source: CoinDesk Japan