Bitcoin, Stocks Face September Midterm Pattern As Fed Hike Odds Rise

Bitcoin, US stocks and bonds are entering September with a historical midterm-election pattern that has often preceded market lows, while traders price a higher chance of a Fed hike. According to BeInCrypto, Bitcoin is near $77,500, the S&P 500 remains close to record highs and the 30-year Treasury yield is elevated after touching 5.28% on August 21. Kalshi traders put September hike odds at 53%, versus about 48% for a hold.