Bitcoin, Ethereum, and XRP face pressure as Fed rate hike odds jump to 86.5%.

Bitcoin, Ethereum, and XRP were facing pressure as market expectations for a U.S. Federal Reserve interest-rate increase rose to 86.5%, according to Pluang. The report links the higher perceived probability of a rate hike with weaker sentiment toward major crypto assets.

Bitcoin is the largest cryptocurrency by market recognition, while Ethereum supports a broad ecosystem of decentralized applications and XRP is the token associated with the XRP Ledger. All three are widely followed indicators of risk appetite across the digital-asset market.

Federal Reserve policy is closely watched by crypto investors because higher interest rates can affect liquidity, borrowing costs, and demand for risk-sensitive assets. When expectations for tighter monetary policy increase, investors may reassess exposure to assets whose valuations can be sensitive to changes in broader financial conditions.

The reported move in rate-hike odds highlights the continuing role of macroeconomic expectations in crypto trading. Market participants typically monitor Fed communications and interest-rate expectations alongside asset-specific developments when assessing conditions for Bitcoin, Ethereum, and XRP.