Probability of rate hike exceeds 86%; Bitcoin's support at $76,380 under pressure

Market expectations for an interest-rate increase have risen above 86%, according to moomoo.com. The report said the shift in rate expectations is placing Bitcoin’s price support near $76,380 under pressure.

Higher interest-rate expectations can affect crypto markets because tighter monetary policy is often viewed as less supportive of risk-sensitive assets. Bitcoin, the largest cryptocurrency by market value, is frequently watched alongside broader market indicators when investors reassess risk and liquidity conditions.

The $76,380 level identified in the report is being monitored as a key area of technical support for Bitcoin. If rate-hike expectations remain elevated, traders may continue to focus on whether Bitcoin can hold that level amid changing macroeconomic sentiment. The report did not provide further details on the timing of a potential rate decision or the source of the probability estimate.