CoinDesk reported that the Federal Reserve is expected to raise interest rates on Wednesday, with the market pricing in a 92.5% probability of a 25 basis point hike. Ahead of the decision, Bitcoin's price has fluctuated between $76,000 and $80,000, with volatility falling to a one-month low. Cooper Duschang, a research analyst at Talos, stated that traders have shifted funds into stablecoins, with a net buying bias of 28%, while buying conviction for Bitcoin and Ethereum has dropped to 3% and 9% respectively. Chris Sullivan of Hyperion Decimus believes that the bond market has fully priced in rate hike expectations, and an unexpected decision by the Federal Reserve not to raise rates could instead trigger market concerns. Additionally, crude oil prices have risen over 20% in the past five days, which could further exacerbate inflationary pressures.