🔥 The Fed Narrative Has Shifted — Markets Are Repricing Fast

For months, traders were positioned for rate cuts in 2026. That expectation is now fading — and crypto is reacting as liquidity assumptions reset.

🔹 JPMorgan no longer expects any cuts in 2026 and now projects a 25 bps rate hike in Q3 2027

🔹 Goldman Sachs pushed its first cut expectations to mid–late 2026

🔹 Other major banks are also delaying their timelines

🔹 CME FedWatch shows a 95% probability the Fed holds rates at its January meeting

📉 For $BTC and $ETH, this matters: tighter liquidity typically slows momentum, favors range-bound markets, and rewards patience over hype chasing.

Bottom line:

The era of easy money may return — but not as soon as markets hoped.

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