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✉news BusinessCrypto first seen 9 h ago, last 3 h ago, peak #15

Bitcoin's $100K Dream Returns as Rate Hike Bets Surface

Original: Bitcoin's $100K Dream Is Back: But One Prediction Market Is Pricing a Rate Hike First

Bitcoin is back in sight of the $100,000 mark, with traders renewing bullish bets on the cryptocurrency. At the same time, one prediction market is pricing in a US interest rate hike, a scenario that could weigh on risk assets like crypto. The juxtaposition of fresh optimism on Bitcoin and expectations of tighter monetary policy is drawing attention from investors tracking how rates would affect the rally.

Why now: Bitcoin is approaching $100,000 again just as prediction markets start pricing a possible rate hike, creating tension over the rally's outlook.

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