*Walter Bloomberg|May 18, 2026 14:43
CRYPTO FALLS AS RATE CUT ODDS DROP
Bitcoin and other cryptocurrencies fell as Fed rate-cut expectations under new chair Kevin Warsh continue to fade.
BTC dropped ~2% to $76,660 after briefly hitting $82,000 last week, with analysts flagging $78,000 as a key support level.
ETF inflows are weakening, while Kalshi shows just a 34.3% chance of a Fed rate cut before 2027, reinforcing a higher-for-longer outlook.
https://kalshi.com/markets/kxratecut/fed-rate-cut/kxratecut-26dec31?utm_source=walterbloomberg(*Walter Bloomberg)
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