Fed Hike Bets Are Collapsing: So Why Isn’t Bitcoin Breaking Out?

• Bitcoin stays stuck near $62K–$66K despite falling Fed rate-hike odds.
• High bond yields, weak ETF flows and cautious traders are limiting Bitcoin’s upside.
• A Fed rate hold may already be priced in, leaving Bitcoin vulnerable to a sell-the-news move.

Goldman Sachs says a September interest-rate hike from the Federal Reserve is now very unlikely. Retail sales are weak, job growth is slowing, and inflation is cooling. Traders have also pushed their expectations for the next rate hike from December to January.

That should normally be good for Bitcoin. When investors expect lower interest rates, money becomes cheaper, and people are usually more willing to take risks. That often helps Bitcoin and other cryptocurrencies.

But Bitcoin hasn’t moved much. It’s still stuck between $62,000 and $66,000.

So why isn’t Bitcoin rising?

The Fed May Not Be Enough

The Fe…

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