Polymarket Odds Favor September Fed Hike; Bitcoin Steady

The sharp repricing of Fed hike odds on Polymarket signals that markets are increasingly treating hawkish commentary as a live policy scenario, not just noise. Bitcoin's muted reaction — a modest dip despite a major shift in rate expectations — suggests the asset is currently more anchored to its own recent momentum than to macro headlines. For altcoins, the broader decline hints that risk appetite is thinning at the margins, which could amplify if the September meeting draws closer without a dovish counterweight. The key question is whether Polymarket's probability continues to climb toward a consensus that forces a repricing across digital assets, or whether this level proves to be a ceiling as other data points temper the hawkish read.