The Federal Reserve has raised the benchmark interest rate by an additional 25 basis points to 3.75%–4.00% on September 16, marking the first increase since 2023 and in line with market expectations of about 92.5%. The dot plot indicates that there will be one more rate hike in 2026 and that rates will be maintained through 2027.
Impact on cryptocurrencies
BTC fell to nearly $75,000 as tighter liquidity put pressure on risk assets. Spot Bitcoin ETF funds lost more than $450 million in just one day—the largest outflow since June—while Mr. Trump publicly called for cutting interest rates to 1% or lower.
Impact on cryptocurrencies
BTC fell to nearly $75,000 as tighter liquidity put pressure on risk assets. Spot Bitcoin ETF funds lost more than $450 million in just one day—the largest outflow since June—while Mr. Trump publicly called for cutting interest rates to 1% or lower.