Updated August 31, 2026 at 08:21 PMCoinCex editorial review
Traders Make a September Rate Increase the Favorite as Bitcoin Holds $78,000
Polymarket prices a quarter-point hike at 55.5% after Kevin Warsh's Jackson Hole speech, against 28% on Friday afternoon. Bitcoin is down 0.7% on the day and 24.5% higher since the start of August, while 88 of the 125 largest non-stablecoin tokens fell.
Prediction market traders now put a Federal Reserve rate increase ahead of a hold for the September meeting, after Chair Kevin Warsh told the Jackson Hole symposium on Friday that this summer's inflation readings had not convinced him underlying trends were improving. Bitcoin has given back less... Read the full story at The Defiant
How this page was created
This page was derived from source reporting with automated structuring or translation and reviewed for publication by CoinCex.
Original source
The DefiantβNext recommended reading
[Pre-Market Check] Futures Fall on Powell Investigation; Risk Aversion Spreads
New York markets are preparing to open under tension. Reports of a criminal investigation into the Federal Reserve Chair
news
Standard Chartered Expands Digital Asset Business, Targets Institutional Investors
Standard Chartered is reportedly preparing a prime brokerage service to expand digital asset trading. This move aligns w
news
Dollar, Treasuries, and Equities Weaken Together. US Asset Appeal Declines Amid Fed Controversy.
The conflict between President Trump and Fed Chair Powell is resurfacing. This tension reduces the investment appeal of
news
