Prediction market Myriad shows increasing bearish sentiment on Bitcoin and Ethereum after prices fell about 5% in 24 hours, following Federal Reserve Chair Kevin Warsh's hawkish FOMC meeting. Bitcoin odds of 'dumping' to $55,000 jumped to nearly 72%, while Ethereum's odds of hitting $1,500 reached 83%. Rates remain unchanged, but traders expect no rate cuts in 2026, with some anticipating a hike later this year. Despite the downturn, Bitfire Research analysts consider BTC in a 'high-value entry window.'

Key facts

• BTC odds of dropping to $55K reach 72%, up 10% in 24 hours.
• ETH odds of hitting $1,500 reach 83%, up 4% in 24 hours.
• Both BTC and ETH fell about 5% in the last 24 hours.
• Fed Chair Warsh's hawkish tone dampens rate cut expectations.
• Bitfire Research calls current BTC level a 'high-value entry window.'

KeyAudit data perspective