1156 GMT - Bitcoin stays under pressure as investors bet on the Federal Reserve raising interest rates this year. The Fed on Wednesday signaled a rate rise was possible by year-end, while new Fed Chair Kevin Warsh emphasized the importance of price stability. Market pricing on LSEG now implies a 90% chance of a rate rise in September, having previously not penciled in a strong chance of tightening until later in the year. The decline in digital assets despite calmer equity markets highlights crypto remains highly sensitive to interest-rate expectations and broader risk appetite, Saxo Bank analysts say in a note. Bitcoin falls 0.7% to $62,586 after earlier reaching a one-week low of $62,188, LSEG data show. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
June 19, 2026 07:56 ET (11:56 GMT)
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