A Surprise Rate Hike? Cardano (ADA) and Bittensor (TAO) Climb Before the Fed Speaks

Cardano and Bittensor climbed on Wednesday as traders braced for the Federal Reserve's interest rate decision, with prediction markets pricing a roughly 25% chance of a surprise hike.

Both altcoins held firm while the broader market consolidated ahead of the announcement.

What Prediction Markets Signal Before the Fed Decision

Polymarket assigns roughly a quarter probability to a hike, while 26% of participants still expect the Federal Reserve (Fed) to hold its target range at 3.50% to 3.75%.

That range has stayed unchanged all year. A hold today would mark the fifth consecutive meeting without movement, extending a pause that began in early 2026.

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