🔈🔈 Fed hikes rates for the first time in 3 years, Bitcoin remains stable
💥 The U.S. Federal Reserve (Fed) raised its benchmark interest rate by 25 bps to 3.75%–4.00%, marking its first rate hike since July 2023. The decision was unanimously approved by all 12 voting FOMC members.
👑 Top News:
✔️ Fed hikes rates amid persistent inflation — The Fed said inflation remains elevated and reaffirmed its goal of bringing inflation back to 2%.
✔️ Another rate hike remains possible — The latest projections show that 16 of 18 officials expect at least one more 25-bps rate hike before the end of 2026.
✔️ Bitcoin shows limited reaction — BTC traded around $75,000–$76,500 following the Fed's decision, as the move had already been widely anticipated by the market.
✔️ Altcoins show mixed reactions — Most large-cap cryptocurrencies remained relatively flat or posted modest gains, while tokens such as SOL and ZEC recorded more notable moves.
✔️ More than $150 million in derivatives liquidated — According to CoinGlass data recorded around the Fed announcement, liquidations surged during the period, with short positions accounting for the majority of losses.
✔️ CLARITY Act remains a key regulatory focus — The U.S. Senate's failure to advance the CLARITY Act this week adds another significant regulatory development for the crypto market.
✔️ Monetary policy remains a key factor — With another rate hike still possible in 2026, the Fed's upcoming policy decisions will continue to be closely watched by the crypto market.
💥 The U.S. Federal Reserve (Fed) raised its benchmark interest rate by 25 bps to 3.75%–4.00%, marking its first rate hike since July 2023. The decision was unanimously approved by all 12 voting FOMC members.
👑 Top News:
✔️ Fed hikes rates amid persistent inflation — The Fed said inflation remains elevated and reaffirmed its goal of bringing inflation back to 2%.
✔️ Another rate hike remains possible — The latest projections show that 16 of 18 officials expect at least one more 25-bps rate hike before the end of 2026.
✔️ Bitcoin shows limited reaction — BTC traded around $75,000–$76,500 following the Fed's decision, as the move had already been widely anticipated by the market.
✔️ Altcoins show mixed reactions — Most large-cap cryptocurrencies remained relatively flat or posted modest gains, while tokens such as SOL and ZEC recorded more notable moves.
✔️ More than $150 million in derivatives liquidated — According to CoinGlass data recorded around the Fed announcement, liquidations surged during the period, with short positions accounting for the majority of losses.
✔️ CLARITY Act remains a key regulatory focus — The U.S. Senate's failure to advance the CLARITY Act this week adds another significant regulatory development for the crypto market.
✔️ Monetary policy remains a key factor — With another rate hike still possible in 2026, the Fed's upcoming policy decisions will continue to be closely watched by the crypto market.
