Live updates: Bitcoin clears $64,000 in Asia hours ahead of Fed decision
Markets price a hold at Wednesday's decision, but a real minority sees a surprise hike, with Citadel Securities and UBS among those flagging the risk.
Source: CoinDesk
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DW NOTE
The Fed has held at 3.50–3.75% for five straight meetings, and 30% of traders now price a hike — that's not normal pre-meeting noise, that's Citadel telling clients to expect one. Bitcoin's volatility gauge sits below 40% while the yield curve just uninverted and the 10-year hit 4.69%. Either options traders are catastrophically mispricing Wednesday, or they've decided the Fed no longer moves crypto.