Bitcoin is left stranded as Fed projections flip to 54% chance of rate hikes this year

Bitcoin's 2026 macro setup just flipped from waiting for relief to pricing a renewed threat. As of May 20, 2026, CME FedWatch showed a 54.1% chance of a rate hike at the December 2026 Federal Open Market Committee meeting, against 44.4% odds of no change and only 1.5% odds of easing. For Bitcoin, the important signal is the [ ]