Prediction market traders brace for surprise Fed rate hike as odds shift on monetary policy, with Bitcoin facing volatility risks.

Polymarket shows 53% probability the Fed will hike rates by the October meeting.

Kalshi traders now see greater than 50% odds the Fed will hike rates this year, shifting 2026 monetary policy forecasts.

Bitcoin falls to $61117.95 with gold and silver after traders boost Fed rate hike bets, bearish EMA50 resistance and MACD death cross confirm downside pressure.

Kalshi odds for Fed rate hike hit 64% next year amid rising inflation, boosting Bitcoin as Senate confirms pro-BTC Kevin Warsh as governor.