đđ Fed hikes rates for the first time in 3 years, Bitcoin remains stable
đ„ The U.S. Federal Reserve (Fed) raised its benchmark interest rate by 25 bps to 3.75%â4.00%, marking its first rate hike since July 2023. The decision was unanimously approved by all 12 voting FOMC members.
đ Top News:
âïž Fed hikes rates amid persistent inflation â The Fed said inflation remains elevated and reaffirmed its goal of bringing inflation back to 2%.
âïž Another rate hike remains possible â The latest projections show that 16 of 18 officials expect at least one more 25-bps rate hike before the end of 2026.
âïž Bitcoin shows limited reaction â BTC traded around $75,000â$76,500 following the Fed's decision, as the move had already been widely anticipated by the market.
âïž Altcoins show mixed reactions â Most large-cap cryptocurrencies remained relatively flat or posted modest gains, while tokens such as SOL and ZEC recorded more notable moves.
âïž More than $150 million in derivatives liquidated â According to CoinGlass data recorded around the Fed announcement, liquidations surged during the period, with short positions accounting for the majority of losses.
âïž CLARITY Act remains a key regulatory focus â The U.S. Senate's failure to advance the CLARITY Act this week adds another significant regulatory development for the crypto market.
âïž Monetary policy remains a key factor â With another rate hike still possible in 2026, the Fed's upcoming policy decisions will continue to be closely watched by the crypto market.
â ïž Disclaimer: This content is for informational purposes only and does not constitute financial advice. Users are responsible for conducting their own research, assessing risks, and complying with applicable laws and regulations in their jurisdiction.
đ„ The U.S. Federal Reserve (Fed) raised its benchmark interest rate by 25 bps to 3.75%â4.00%, marking its first rate hike since July 2023. The decision was unanimously approved by all 12 voting FOMC members.
đ Top News:
âïž Fed hikes rates amid persistent inflation â The Fed said inflation remains elevated and reaffirmed its goal of bringing inflation back to 2%.
âïž Another rate hike remains possible â The latest projections show that 16 of 18 officials expect at least one more 25-bps rate hike before the end of 2026.
âïž Bitcoin shows limited reaction â BTC traded around $75,000â$76,500 following the Fed's decision, as the move had already been widely anticipated by the market.
âïž Altcoins show mixed reactions â Most large-cap cryptocurrencies remained relatively flat or posted modest gains, while tokens such as SOL and ZEC recorded more notable moves.
âïž More than $150 million in derivatives liquidated â According to CoinGlass data recorded around the Fed announcement, liquidations surged during the period, with short positions accounting for the majority of losses.
âïž CLARITY Act remains a key regulatory focus â The U.S. Senate's failure to advance the CLARITY Act this week adds another significant regulatory development for the crypto market.
âïž Monetary policy remains a key factor â With another rate hike still possible in 2026, the Fed's upcoming policy decisions will continue to be closely watched by the crypto market.
â ïž Disclaimer: This content is for informational purposes only and does not constitute financial advice. Users are responsible for conducting their own research, assessing risks, and complying with applicable laws and regulations in their jurisdiction.
