B.TOP Founder Jiang Zhuoer Says Fed Rate Decision May Trigger Short-Term Market Drop

B.TOP founder Jiang Zhuoer said the Federal Reserve will announce its interest rate decision at 2 a.m. on September 17 (UTC+8). According to Odaily, he said 30-day federal funds futures imply about a 92% chance of a 25-basis-point rate hike, which would lift the target range from 3.50% to 3.75% to 3.75% to 4.00%. Jiang said markets may fall briefly after the rate decision and dot plot are released, then recover if Fed Chair Kevin Warsh delivers dovish remarks. He said Bitcoin may first fall below $75,000, then rebound to $83,000 to $84,000 before a larger correction.