Bitcoin’s Next Fed Test Is Today’s FOMC Meeting: Will $75K Hold?

Bitcoin faces a critical test during today's FOMC meeting, with market participants monitoring whether the $75K level will hold. While FOMC odds suggest a 90% probability of a September Fed hike, investors are closely analyzing the vote, dot plot, and economic projections. Simultaneously, the Bitcoin options market exhibits downside convexity, reflecting cautious sentiment and the potential for rapid downward price movements, which underscores the current state of market uncertainty ahead of the Federal Reserve's announcement.