The Federal Reserve will raise the target range for the federal funds rate by 25 basis points to 3.75%–4% on September 16, marking the first rate hike since July 2023. All 12 voting members approved the decision unanimously. The crypto market subsequently absorbed the resolution in stages. As of press time, BTC was at $81,402, up 0.39% over the past 24 hours, while ETH was at $2,636, up 0.11% over the past 24 hours. The two leading coins have maintained high-level consolidation.