Traders price in 4 Fed rate hikes by June 2027 as bitcoin slides below $83,000

Traders are pricing in four Fed rate hikes by June 2027, the most likely outcome, as bitcoin slides below $83,000. Rising bond yields and a stronger dollar are weighing on bitcoin and gold. The anticipated rate hikes reflect expectations of tighter monetary policy, which typically pressures risk assets. Bitcoin's decline aligns with these macroeconomic headwinds, as investors adjust to a higher-for-longer rate environment.