Citadel expects the Fed to raise interest on Wednesday, while the encryption analyst expects to stay the same

On 29 July, Citadel, which manages $67 billion in assets, reported CoinDesk, expected the Federal Reserve to raise 25 basis points by accident on Wednesday, while encryption and traditional market analysts generally expected interest rates to remain unchanged. The Citadel Macro Strategy Manager, Frank Bright, stated that the interest rate hike would “predict the era before it is decisive”, forcing the market to price it on the basis of data rather than policy expectations, and to “clear the Fed's independence”. The CME Fedwatch data show a rate increase of 35.8 per cent, up from 25.7 per cent a week ago, but the market mainstream remains on hold with the Fed. Bitcoin has fallen back from nearly $67,000 to less than $64,000 last Wednesday, and the market is prudential. Citadel argued that a further increase in interest rates in September would weaken the policy shock, which would be more reasonable in the light of rising oil prices and increased inflationary pressures in Iran。