Fed Rate Hike Odds Reach Near-Certainty as Bitcoin Price Falls to $65K

Federal Reserve interest rate expectations have taken a decidedly hawkish turn, with CME Fedwatch assigning a near-guaranteed probability to a December rate increase on Saturday, Nov. 14, 2026. Kalshi and Polymarket traders largely agree, while bitcoin has slipped to an intraday low of $65,020. According to the CME Fedwatch tool and data Bitcoin.com News reviewed Saturday morning, futures traders assign an 88.5% probability to the Federal Reserve lifting its benchmark interest rate by 25 basis points at its Dec. 8-9 meeting. Another 11.5% favors a more aggressive 50-basis-point increase, leaving no probability assigned to unchanged rates or cuts.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Bitcoin.com News.