oxhak on Nostr: Bitcoin remained near $76,000 after the US Federal Reserve unanimously raised its ...
Bitcoin remained near $76,000 after the US Federal Reserve unanimously raised its benchmark rate by 25 basis points to a target range of 3.75% to 4%, the first increase since 2023. The move was intended to address persistently high inflation, and Bitcoin showed little immediate reaction even as US equities declined. At the time of reporting, Bitcoin traded at $76,663, up 1.35% over 24 hours.
The Fed’s updated projections indicated that 16 of 18 FOMC participants expected at least one more rate increase before year-end, creating a risk for further pressure on risk assets. Market data showed about $82 million in Bitcoin perpetual-futures net selling, while spot markets recorded roughly $15.5 million in net buying. Around 2,170 BTC moved onto exchanges after the decision, followed by a 1,260-BTC withdrawal, suggesting active repositioning rather than a uniform risk-off response.
https://cointelegraph.com/markets/bitcoin-absorbs-fed-rate-hike-as-officials-see-more-tighteningPublished at
2026-09-17 03:35:37 UTCEvent JSON
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"content": "Bitcoin remained near $76,000 after the US Federal Reserve unanimously raised its benchmark rate by 25 basis points to a target range of 3.75% to 4%, the first increase since 2023. The move was intended to address persistently high inflation, and Bitcoin showed little immediate reaction even as US equities declined. At the time of reporting, Bitcoin traded at $76,663, up 1.35% over 24 hours.\n\nThe Fed’s updated projections indicated that 16 of 18 FOMC participants expected at least one more rate increase before year-end, creating a risk for further pressure on risk assets. Market data showed about $82 million in Bitcoin perpetual-futures net selling, while spot markets recorded roughly $15.5 million in net buying. Around 2,170 BTC moved onto exchanges after the decision, followed by a 1,260-BTC withdrawal, suggesting active repositioning rather than a uniform risk-off response.\n\nhttps://cointelegraph.com/markets/bitcoin-absorbs-fed-rate-hike-as-officials-see-more-tightening",
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