Will Fed hike the rate today? (I don't think so).
And will the outcome be relevant to bitcoin price? How?
No interest rate hike which means nothing for btc.
If interest rate increases it affects the stock market immediately as higher returns are now possible from other investments.
1) When it happens there wouldn't be much of a rate hike to begin with.
2) The psychological impact of it after historical lows for many years will be unsettling.
3) Are the type of people who would move their money due to small changes in the interest rate really going to move to btc