Bitcoin Price Crash Wipes Out $89 Billion as Fed Rate Hike Odds Hit 44%

MACROECONOMICSBitcoin Price Crash Wipes Out$89 Billion as Fed Rate HikeOdds Hit 44%21IMPORTANCEDEVELOPING1NEWS MEDIA1PIECESOct 15, 2026 07:05blockboard.net

What this rests on

Summary in preparation.

Market reaction

BT Bitcoin the event is about this asset from 2 h before to 4 h after the line marks the first headline
published
-0.09 % before publication
+0.20 % after
$80,886price at publication
11series points

How the story was built

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 15 06:55

What Federal funds rate has done before

WhenWhat happenedFigure
2 months ago Federal funds rate: 3.75 (+0.12) rise Sep 2026
3 months ago Federal funds rate: 3.63 no change Aug 2026
4 months ago Federal funds rate: 3.63 no change Jul 2026
5 months ago Federal funds rate: 3.63 no change Jun 2026
6 months ago Federal funds rate: 3.63 (-0.01) fall May 2026

FRED series, with the value of each release and its change.

What could happen next

What the prediction markets currently price as likely. This is context, not a forecast of ours: there is money on it, and that is all we show.

2 % +1 pts
Kalshi · $4,415,187 of open interest · resolves on Jan 1, 2027
1 % no series
Kalshi · $1,022,099 of open interest · resolves on Oct 1, 2026
3 % no series
Kalshi · $754,047 of open interest · resolves on Jan 1, 2027
11 % +0 pts
Kalshi · $601,478 of open interest · resolves on Jan 1, 2027