UPDATE: Markets price 90% to 92.8% Fed hold chance as crypto cap hits $2.71T
CIE News ·
Update to Crypto markets see tight trading near $80,000 as FOMC begins
Based on reporting by CoinGape; not yet independently confirmed.
Futures show a 90% to 92.8% probability of a Fed rate hold as the FOMC meets, while crypto market capitalization fell 2.51% to $2.71 trillion and September CPI reached 3.7%.
CME FedWatch and interest-rate futures dashboards price a 90% to 92.8% probability that the US Federal Reserve will maintain the federal funds rate at 3.75% to 4.00% at its October 27, 2026 meeting. As previously reported, crypto markets entered the two-day Federal Open Market Committee session in tight trading ranges, with Bitcoin (BTC) hovering near the $80,000 level.
According to TokenPost, total crypto market capitalization dropped 2.51% to approximately $2.71 trillion on October 27, while BTC traded between $79,800 and $80,306. Following September's annual Consumer Price Index increase of 3.7%, futures markets have priced in an 86.1% probability of an additional interest rate increase by December.
Key facts
- 90% to 92.8% hold probability
- Fed funds rate at 3.75%–4.00%
- Market cap down 2.51% to $2.71T
- September CPI reached 3.7%