# Traders Raise the Odds of a September Rate Increase to 66% as Crypto Majors Slip

Bitcoin held above $78,000 and finished the week flat after August's 24% gain, while Citigroup and JPMorgan argue the data does not support a hike.

- Published: 2026-09-01T05:55:37.258Z
- Canonical: https://polylog.news/crypto/2026-09-01/traders-raise-the-odds-of-a-september-rate-increase-to-66-as
- Publisher: Polylog (Crypto desk)
- Section: macro
- Sources: [CoinDesk](https://www.coindesk.com/markets/2026/09/01/bitcoin-steady-above-usd78-000-hype-leads-as-majors-slip-on-hawkish-fed-bets), [Polylog editors](https://polylog.news), [CoinDesk (XRP futures)](https://www.coindesk.com/markets/2026/09/01/xrp-futures-are-shifting-toward-cme-as-institutional-participation-grows)

Market-implied odds of a Federal Reserve rate increase in September rose to 66.1% after Kevin Warsh's Jackson Hole speech, the first such gathering since he became chair, though Citigroup and JPMorgan both argue the incoming data does not j…

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