Crypto Slips as Fed Rate Hike Odds Surpass 60 Percent

On September 8, major cryptocurrencies declined amid growing macroeconomic caution driven by rising fears of Federal Reserve rate hikes. Bitcoin dropped 0.9 percent to $78,475.12, Ethereum slipped 0.1 percent to $2,484.36, and Solana fell 0.6 percent to $103.37. Markets reacted nervously as the probability of upcoming monetary tightening surpassed sixty percent, putting sustained downward pressure on leading digital assets across global trading platforms.